Answer:
As an entrepreneur, you have a <u>competitive advantage</u> when buyers choose your products or services over your competitors.
Explanation:
Competitive advantage can be understood as an advantage that any organization or any firm might have over its competitors due to various possible reasons. When customers prefer the product of any particular company over other companies in the same genre, then the former company is an aid to possess a competitive advantage over its competitors. The reason for this preference could below the pricing of the product, greater quality or sometimes even greater brand value of the product.
Answer: static list
Explanation: Such lists simply consist of connections that you have collected right up until the point of making the database and remain constant unless you attach or delete connections directly.
We can either construct static lists utilizing existing connections in your server or manually upload them to your email application.
They are usually created by the latter process because they often comprise of connections collected from offline approaches or any other digital initiatives not related with your site's connections.
Thus, from the above we can conclude that the given case depicts the use of a static list.
Answer:
Question: Sally runs a vegetable stand. The following table shows two points on the demand curve for the heirloom tomatoes she sells:
Price Quantity demanded per week
$ 3.00 200,000
$ 1.75 300,000
lowering the price from $3.00 to $1.75 results in an output effect of _______ and a price effect of _______
Answer: Output effect of = 1.75 * 100 = $175,000
Price effect of = 1.25 * 200000
= -$250,000
Explanation:
Output effect: there would be an increase in quantity sold by 100,000 units at $1.75. This gives the out to be sold
Price effect: since Sally reduces the price to $1.75, she would make a lose of $1.25 ($3.00 - $1.75) on the 200,000 units that could have been sold at $3.00
Answer:
Division G should be charged $6,000
Explanation:
cost per purchase requisition = $42,000 / 3,500 = $12 per purchase requisition
Division G initiated 500 purchases, so it should be charged 500 x $12 = $6,000
Division L initiated 700 purchases, so it should be charged 700 x $12 = $8,400
The other departments should be charged the remaining amount = $42,000 - ($6,000 + $8,400) = $27,600
Karina is aware that performances on Friday, Saturday, and Sunday are more popular than those on weekdays. As a result, her theater charges a higher price for weekend tickets. This is an illustration of dynamic pricing.
<h3>What role does pricing policy play?</h3>
Pricing rules help businesses maintain profitability by allowing them to sell various products differently. Your company may value having a well-defined pricing policy so that it may make price adjustments rapidly and capitalize on the strengths of its products in one or more areas. After the product is manufactured, pricing is an essential decision-making factor. The price of a product determines its future, its acceptance to buyers, and its return and profitability. It is a competitive tool. The goal of pricing for every company is to set an acceptable price for consumers while also allowing the producer to survive in the market. Every company is at risk of being pushed out of the market due to fierce competition and changes in client preferences and taste.
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