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Vladimir [108]
3 years ago
9

Which pricing strategy is characterized by the setting of a low introductory price to help drive consumer awareness and create a

n incentive for the consumer to buy now? Price skimming strategy Experience curve strategy Market penetration strategy Everyday low pricing strategy
Business
1 answer:
Bas_tet [7]3 years ago
5 0

Answer:

The correct option market penetration strategy

Explanation:

Price skimming is when price is set high in order to appeal a group of consumers that the product of high premium quality filled with first of its kind innovation.

Market penetration is the opposite of price skimming in that the prices are set very low in order attract consumers,create an awareness for the new product,thereby encouraging consumers to purchase the new products.

In other words, the pricing strategy highlighted in the question is the latter not the former.

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What is the duty of the designated rbs certified person at a non-profit organization's temporary alcohol event?
emmainna [20.7K]

There must be at least one RBS-certified individual on-site to oversee the alcohol service for non-profit groups that have obtained a temporary daily on-sale license or temporary daily off-sale license for an event. By the day of the event, this designated individual must have received their certification.

What is a nonprofit corporation?

  • Any company that has been legally established and is operated solely for charitable or nonprofit purposes is known as a nonprofit corporation.
  • A nonprofit corporation may apply for official status as one, may be taxed differently from for-profit businesses, and may be handled differently in other ways depending on the rules of the jurisdiction.
<h3>What kind of events sees the most drinking?</h3>
  • On Fridays and Saturdays, the weekly variation in alcohol consumption was at its highest and was especially high on Christmas and New Year's Eve.
  • On Christmas and New Year's Eve, on average, more people drank than on other weekends during the sampling period.

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4 0
1 year ago
Which calculation is needed to assess the component pieces of the operating section using the direct approach for the amount col
amid [387]

Calculation  needed to assess the component pieces of the operating section using the direct approach for the amount collected for sales is

Total potential cash - Ending accounts receivable balance.

Cash that is produced by a company's regular operating procedures is known as operating cash flow. Investors place a high value on a company's capacity to continually produce positive cash flows from its ongoing business operations.

The purpose of drawing up a cash flow statement is to see a company's sources and uses of cash over a specified time period.

You should first subtract any receivables that you are aware are unlikely to be collected before calculating cash collections from accounts receivable. This will leave you with your projected collectible accounts receivable.

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8 0
2 years ago
Describe in your own word the three types of leadership.
Nat2105 [25]

Answer:

it's a u're welcome

Explanation:

u're welcome ♥️hope you enjoyed

6 0
2 years ago
Read 2 more answers
Certain adjusting entries made at the end of an accounting period are reversed at the beginning of the following period Required
frutty [35]

Answer:

No reversing entry is needed as they are all posted correctly

Explanation:

1. Rent Expense 1,000 Prepaid Rent 1,000

This entry is correct because it rent had been prepaid, then the entry would have been to debit 'Prepaid Rent'and credit Cash/Bank. However at the end of the period when rent is accrued, you debit 'rent expense' and credit 'prepaid rent'

2.Taxes Expense 1,750 Taxes Payable 1,750

This entry is correct because at the end of the period when Tax is accrued, you debit 'Tax expense' and credit 'Tax payable' because tax is always paid much later in a future period not the current period

3. Deferred Rent Revenue 1,550 Rent Revenue 1,550

This entry is correct because at the end of the period when rent income is earned, but has been paid for before: you debit 'Deferred Rent Revenue' and credit 'Rent Revenue' because (at least a portion of) the deferred rent revenue is now earned.

4. Salaries Expense 150 Salaries Payable 150

This entry is correct because at the end of the period when Salary is accrued, you debit 'Salary expense' and credit 'Salaries payable'

6 0
3 years ago
Read 2 more answers
The major parts of the Stockholders' Equity section of the balance sheet are
torisob [31]

The correct answer is choice D.

The Stockholders’ Equity section of the balance sheet includes stock, paid-iin capital and retained earnings.

5 0
3 years ago
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