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Vladimir [108]
4 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]4 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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Jaleel is the marketing manager for a moderately well-known rock band. He wants to know more about industry trends including sal
BlackZzzverrR [31]

Answer:

Syndicated Data

Explanation:

Syndicated is a general data which does not represents a single entity, it includes a vast number of entities data that is aggregated to analyze how much value the company can drive from this aggregate amount. So the data that helps in analyzing the environment in general to plan the future move of organization is known as Syndicated Data. The manager is collecting aggregate data that comes from a wide number of bands, including industry sales by musical styles, online views, etc. is a syndicated data.

4 0
3 years ago
Robert Solis is a salesman in a company that specializes in event management. He uses the Internet to identify potential compani
TiliK225 [7]

Answer:

B

Explanation:

4 0
3 years ago
Q 6.30: Rollins Technology is determining ending inventory. In the inventory process, Rollins inadvertently miscategorized a $9,
Musya8 [376]

Answer:

Rollins Technology should the $9,600 inventory to the value of their inventory count

Explanation:

FOB destination means the goods become the buyer's when they are at delivery point,which means that until then they are goods of Rollins Technology

Mis-categorizing such goods as FOB shipping point implies that they were assumed to belong to the owners once shipped,all that is required is for the company to restate the value of the goods in transit by adding it back to the its inventory.

5 0
3 years ago
8. Allen took out a three-year, 8%, $100,000 loan on March 31, 2021. Interest is due upon maturity of the loan. How much interes
Oksi-84 [34.3K]

Answer:

Debit Interest Expense and credit Interest Payable for $6,000.

Explanation:

$100,000 × 8% × 9/12 = $6,000.

3 0
2 years ago
In October 2010, the amount of money held by individuals and companies was $987.1 billion; checkable deposits owed by individual
frutty [35]

Answer:

$1,554.4

Explanation:

Given:

The amount of money held by individuals and companies = $987.1 billion

Checkable deposits owed by individuals and companies = $567.3 billion

Money market funds = $1.045 trillion

Savings deposits = $562.3 billion

Time deposits = $324.2 billion

Now,

The M1 amount is calculates as:

= The amount of money held by individuals + Checkable deposits owed by individuals and companies

= $987.1 billion +  $567.3 billion

= $1,554.4

8 0
3 years ago
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