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Fittoniya [83]
3 years ago
11

Remote Company has developed a new universal remote that works with all cable, over the air and streaming channels. While the de

vice is unique, it’s competitors will soon (6-12 months) be able to reverse engineer it and introduce their own version into the marketplace. Remote Company’s best pricing strategy would be:
A. Psychological pricing
B. Penetration pricing
C. Cannot be determined.
D. Skimming price
Business
1 answer:
Blizzard [7]3 years ago
3 0

Answer:

The correct answer is letter "B": Penetration pricing.

Explanation:

Penetration pricing unveils new goods or services at an initially low price to draw buyers away from rivals. Penetration pricing allows a business to create barriers to market entry by removing them. <em>The new company hopes that consumers will continue to use their products even after prices increase to normal levels.</em>

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Which of the following are necessary for production to take place?
WINSTONCH [101]

Answer:

The input of land, labor, and capital. APEX

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3 years ago
Which statement is true about promoters?
AURORKA [14]

Answer:

d. handle Preincorporation transactions.

Explanation:

Promoters are those who undertake in the setting up of a company. They also does the Preincorporation work before the company is set up like floatation, incorporation, promotion and seek people's help to invest money in the formation of the company.

Stages involved in the formation of a company are

-Promotion,incorporation,capital set up and final commencement of business. The work of a promoter here is the promotion promotion of the company to be set up.

Promoters perform some other functions like identifying business ideals, investigation of business to be formed, ensure name approval and preparing documents necessary for the formation of the company.

Some of the liabilities of promoters are as follows;

- Exercise due diligence and care while performing as a promoter

-Responsible for handling Previous corporation contracts

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8 0
3 years ago
Read 2 more answers
Which of the following are examples of opportunity costs? Check all that apply.
gtnhenbr [62]

The answer is a and c I know this because if you spend time or money on on something you can not do the other and that is exactly what is happening.

7 0
3 years ago
Preferred stock comes in many varieties. ___ preferred stock includes a requirement that past dividends not paid must be paid in
Keith_Richards [23]

Answer:

<u>Cumulative</u>

<u>Participating </u>

<u>Convertible </u>

<u>Redeemable</u>

<u>Repurchase </u>

Explanation:

Cumulative preference shares are those preference shares wherein the annual dividend must be paid. In case dividend is not paid for an year, it gets accrued and in such a scenario, no common stock dividend can be paid unless cumulative preference dividend is paid.

Participating preference shares are those preferred stock holders who apart from receiving their own dividends are eligible to participate in dividends payable to common stockholders provided the dividend rate for common stockholders is increased.

Convertible preferred stocks are those which can be converted into common stock as per a specified conversion ratio and under other conditions.

Redeemable or callable preferred stocks are those wherein the issuer company has the right to repurchase/call or redeem such preferred stocks via creation of a sinking fund for such redemption.

5 0
3 years ago
LO 3.3When variable costs increase and all other variables remain unchanged, the break-even point will ________.
Anika [276]

Answer:

increase

Explanation:

Break-even calculation is use to determine the minimum number of units a company needs to sell in order to cover the fixed costs. The formula for break-even point is as follows;

Break- even = Fixed cost/ (Selling price - Variable cost)

If you increase variable cost (VC) while keeping the selling price and fixed cost constant, the denominator amount will be smaller making the break- even point to increase.

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