Answer:
Price Skimming
Explanation:
Price Skimming is a strategy used whereby a producer initially charges the highest price that consumers would be willing and able to pay. As demand starts to fall from the high consumer segments, the price is lowered to tap into a new group of consumers.
In this case, the initial price charged was $300 and gradually reduced to $199 to capture those individuals who could not afford (or were not willing and able to pay) such a high price for an iPod.
Answer:
<u>single-segment concentration.</u>
Explanation:
<em>Single-segment concentration</em> occurs when the company concentrates its operational, productive, marketing and sales efforts to serve a single market segment.
Advantages of this model include enhancing the effectiveness of concentrated marketing, which helps the organization achieve activity specialization, which increases the possibility of becoming a market leader and achieving a high return on investment.
Answer: d. The production activities in the first stage and the unit of product in the second stage
Explanation:
Activity based Costing is primarily a method of assigning indirect costs like administrative expenses to the goods and services manufactured by a company by basing it on the activities of the company.
With Activity Based Costing, the company aims to figure out how much these aforementioned activities cost first and then calculating the cost per unit in the second stage by assigning cost per level of activity.
Answer: A. They are highly rigid because of organizationally dispersed team members.
C. They often suffer from a lack of understanding regarding the team's purpose.
Answer
B. Analyzing the external environment
Explanation:
The action of Procter and gamble can be classified as analyzing the external environment.
The external environment of a business are those factors outside the business organisation that is capable of influencing the decision and actions. The external environment factors includes economic factors, competitors, social - cultural factors etc.
The action of Procter and gamble of assessing the strength and weakness of his competitors prior to its entrance into the Eastern European market will assist the firm to identify the opportunities that it can leverage on in terms of the weakness of its competitors and and how well it can best improve its own services in other to match or surpass the strength displayed by its competitors
