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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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The measurement of how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goal
Elodia [21]

Answer:

Effectiveness

Explanation:

Organizational effectiveness shows the extent to which resources have been efficiently managed to produce intended results.

Efficiency has to do with maximal uses of resources available (i.e  input versus output) while effectiveness show whether desirable outcomes have been achieved i.e whether organizational objectives are being achieved.

4 0
3 years ago
Cary is experiencing cash flow problems during the current year. Rather than foreclose an $80,000 business loan, his bank agrees
Nata [24]

Answer:d. $30,000

Explanation:

The reduction of loan amount from $80,000 to $50,000 means carry has gained the difference of $30,000 by paying less than the value of loan he has received.

On an overall analysis the net asset will improve from -$10,000 to $20,000 but the income from the loan reduction is $30,000 i.e,$80,000 minus $50,000.

6 0
3 years ago
Read 2 more answers
The quantity sold in a market will decrease if the government decreases aA. binding price floor in that market.B. binding price
Pavlova-9 [17]

Answer: B

Explanation:

Price ceiling is the highest authorized price that could be charged by sellers for a good.

Prices received by sellers will be reduced if government would bring down authorized price in the market.

5 0
3 years ago
Q 4.26: on december 31, 2017, before any year-end adjustments, canterbury shoe repair's prepaid insurance account had a balance
melamori03 [73]

<u>Calculation of adjusted balance for prepaid insurance at December 31, 2017:</u>


It is given that on December 31, 2017, before any year-end adjustments, Canterbury shoe repair's prepaid insurance account had a balance of $3,500. It was determined that $2,200 of the prepaid insurance had expired.

So the adjusted balance for prepaid insurance at December 31, 2017, shall be (3500-2200) = <u>$1,300</u>




3 0
3 years ago
A clearinghouse scam involves a victim receiving: a. a letter that claims he or she has inherited a significant amount of money.
Vitek1552 [10]

Answer:

c. a letter that falsely claims the writer represents a foreign bank.

Explanation:

A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities

So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank

5 0
3 years ago
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