In order to <u>gain market share</u><u>,</u> some a firm whose product that has a large economic value do decides to charge the same price as competitors.
<h3>What is a
market share?</h3>
A market share refers to an industry percentage that is earned by a particular company over a specified time
In conclusion, some firm whose product that has a large economic value charges the same price as competitors In order to gain market share.
Read more about market share
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Probably evaluate the purchase. Common sense here.
Answer:
A company that asks candidates to engage in group discussions, business game simulations, presentations, and role play exercises, so that members of management may evaluate their performance capabilities is probably using this method of selection:
Explanation:
- Assessment Center method is such a method of selection in which the recruiting company measure the performance of the candidates by engaging them in different activities.
- These activities can include business scenarios, job simulations, psychological tests etc.
- For example, if a company is recruiting and for evaluation they ask the candidates to consider themselves in a particular role. Then they ask them how will they perform their duties. This is an example of assessment center selection method.
Answer:
they should spend $2 in promotions
Explanation:
Baldwin's Traditional product Basket will lose 1/3 of its 2019 awareness (72%), which will result in only a 48% during 2020. If the product manager wishes to end 2020 with a 92% awareness, they must spend in promotion enough money to raise awareness by 44%.
- The first $1 million spent in promotions will increase awareness by 26%, to a total of 74% (= 48% + 26%).
- The second $1 million spent in promotions will increase awareness by 18%, to a total of 92% (= 74% + 18%).
Answer:
Huron Investments issues $1 million in 13.250% bonds maturing August 11, 2028. The bond is callable August 11, 2023 at a call premium of 2.500%. August 11, 2023 the prevailing yield is 5.250%. If Huron Investments calls the entire issue and replaces it with 5.250% bonds also maturing August 11, 2028 then each semi-annual coupon payment will decrease by <u>$125,000</u>
Explanation:
Change in semi-annual coupon = (13% - 6.75%) x 4m / 2 = $125,000