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grandymaker [24]
4 years ago
8

Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t

o his extensive experience and legal background, he believes that his fees should not relate directly to the time or effort spent on specific cases. Now that Malcolm has chosen the pricing strategy he wants to use, what is his next step?
a. evaluating competitors' prices
b. choosing a basis for setting prices
c. determining the final price
d. assessing the target market's evaluation of price
e. developing pricing objectives
Business
1 answer:
AnnyKZ [126]4 years ago
5 0

Answer:

After Malcolm has chosen the pricing strategy he wants to use, the next step would be c. determining the final price.

Explanation:

Malcom would have to determine a specific price for cases, and this final price is not dependant on the amount of time spent on each cases or the magnitude of the case.

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The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their
Sidana [21]

The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their characteristics is experience differentiation.

Explanation:

Experience-based differentiation (EBD) which we describe as: a continuously loyalty-building systematic response to customer interaction. Don't linger on the word too much.

Organisations must pursue a multi-year path to achieve with EBD. This is why organisations will make this is one of every top business initiatives. In the financial sector, education and travel sectors we foresee EBD to make rapid progress.

WACOAL DIA, a luxury brand of WACOAL, is an example of marketing by which expertise in the procurement process has been improved.

5 0
3 years ago
Merchandise with a sales price of $3,500 is sold on account with terms 2/10, n/60. The journal entry to record the sale would in
alexdok [17]

Answer:

debit to Accounts Receivable for $3,500 credit to Sales for $3,430

Explanation:

Merchandise with a sales price of $3,500 is sold on account with terms 2/10, n/60. The journal entry to record the sale would include a debit to Accounts Receivable for $3,500 credit to Sales for $3,430.

Since the goods were sold on account, it means that it was sold on credit and an entry to cash will be a wrong entry. The right Journal entry will be a debit to accounts receivable for the total amount and a credit to sales for the total amount less the proposed discount amount of 2%

6 0
4 years ago
Read 2 more answers
The following information pertains to Sunland Company. Assume that all balance sheet amounts represent average balance figures.
IrinaK [193]

Answer:

the Return On COmmon Stockholders Equity is 16.78%

Explanation:

The computation of the return on the common stockholder equity ratio is shown below;

Return On Common Stockholders Equity is

= (Net Income - Preferred Dividend ) ÷ Average Common Stockholders Equity

=  ($29,500 - $7,600 ) ÷  130,500

= 16.78%

Hence, the Return On COmmon Stockholders Equity is 16.78%

7 0
3 years ago
What are the three main automation components of smart display campaigns?.
sergey [27]

The three main automation components of smart display campaigns are:
Automated Targeting, Automated Creatives, and Automated bidding.

<h3>What are display campaigns used for?</h3>

They allow a person or a business to exhibit adverts in a variety of formats across the Advertisers Display Network.

<h3>What are the benefits of Smart Display Campaigns?</h3>

One of the key benefits of using SDCs is that they are responsive.

This means that they allow the advertisers to access and create an impression on a wide variety or mix of people and or audience, as well as reach advertising goals with no extra effort exerted toward the creation of assets, modification of targeting options, and the creation of new strategies for each group.

Learn more about smart display campaigns in the link below:

brainly.com/question/17094850

4 0
2 years ago
A degree of aggressive procurement involvement not normally encountered in supplier selection refers to ____. Group of answer ch
Dmitriy789 [7]

Answer:

supplier development.

Explanation:

A degree of aggressive procurement involvement not normally encountered in supplier selection refers to supplier development.

Supplier development is a business strategy and it involves the process of working one-to-one basis or closely with certain suppliers in order to improve and boost their performance for the benefit of growing and developing an organization.

It is a concept that is also similar to reverse marketing in business management. It is a strategic business plan which is aimed at improving the quality and performance of suppliers by availing them resources they need to achieve success and have competitive advantage in the supply chain.

For instance, a buying organization might decide to implore suppliers to enter an emerging market.

Also, another example of the supplier development is, in order to prevent the wide-spread of Corona virus, CDC is ensuring its suppliers of ppe (personal protective equipment) are continuously supplying face masks.

8 0
4 years ago
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