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Rzqust [24]
3 years ago
14

The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same

Business
2 answers:
Anon25 [30]3 years ago
7 0

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

Alika [10]3 years ago
3 0

Answer:

higher

Explanation:

This will make consumers pay a higher price. In a competitive market like shoes, suppliers compete for market share through price, so that none of them will have control over the market equilibrium price unless there is a collusion. Collusion is an illegal practice of price matching between competitors. This disassembles the competition parameters of the market, causing the selling price to be higher than the competitive equilibrium price. In this way consumers are injured. For this reason, regulatory agencies stipulate rules in competitive markets to prohibit collusion.

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Choose all that apply.
tino4ka555 [31]
I'm going full have to go with 2, 3, & 4
4 0
3 years ago
Read 2 more answers
A taxpayer can depreciate property under all of the following circumstances except:__________.A. He or she made a down payment t
Y_Kistochka [10]

Answer:

The answer is "Option D"

Explanation:

In this question, throughout the situations which follow, a taxpayer can fall in value assets except that property is leased by another to be used in the trade or business of the individual or to generate income. In this, any shareholders of the professional are not puttering business. It is often a smart step, although from a tax viewpoint from a business point of view.

7 0
2 years ago
To follow is selected information about the Little Dipper Company for the current year and prior year Account Net sales revenue
Alex787 [66]

Answer: D- 9.12%

Explanation:The current net income percentage is calculated thus:

Current year net income = $59,120

Prior year net income = $53,700

diff in btw the two period = $59, 120-$53,700 = $5,420

current year net income percentage = $5,420/$59,120 = 0.0912779 *100

= 9.12%

5 0
3 years ago
The National Independent Automobile Dealers Association (NIADA) comprises 50 largely independent state-level organizations that
zhuklara [117]

Answer:

confederal

Explanation:

Confederal organisation structure is a union of sovereign groups that come together for a common purpose. It is characterised by a weak central structure with the group's being independent.

Distribution of power among the group's is variable. Decisions made are as a.result of consensus between parties involved.

In the scenario the National Independent Automobile Dealers Association (NIADA) is made up of 50 largely independent state-level organizations.

They come together to provide membership benefits to car dealers.

The is a form of confederal organisation structure.

8 0
3 years ago
1. What are Red Bull's greatest strengths and risks as more companies (like Coca-Cola, Pepsi, and Monster) enter the energy drin
Misha Larkins [42]

Answer:

<em>Strengths</em>

  1. RedBull is a well-established brand in the Energy Drink sub-sector.
  2. It has been in existence since 1987 making it a 33-year-old company. That's a lot of experience doing the same thing.
  3. Given its years of experience, consumers have a lot of confidence in its brand. This means it has strong brand equity.
  4. As of 2019, RedBull still has the highest market share of any energy drink in the world with a record 7.5 billion cans sold

<em>Risks</em>

  1. The challenge is this, Coca-cola is a much older company with about 128 years behind it. It was established in 1892.
  2. Coca-cola equally has a very strong brand equity
  3. In the carbonated drinks sub-sector, it has dominated the sector since 2004. It's market share is estimated at 42.5%.
  4. It has about 500 brands compared to Redbull which has only one brand.
  5. In Pepsi was created in 1893. Just one year younger than Coca-cola. It currently has about 24.9% of the soda market. Within the cola segment alone, it has about 100 flavours.
  6. Monster energy as a strong entrant into the energy drink market is only 18 years old and it already has 49 different drinks with about 14% market share worldwide.

Suffice it to say that if Red Bull does not concieve of a critical strategy to maintain market dominance, it may continue to bleed it's market share.

2. Red Bull should do more than traditional advertising.

There is no reason why it can go into the Soda space. There are countries where the big players still exert a huge dominance. Mexico, for instance, consumes the more coca-cola than anywhere else in the world.

Red Bull in addition to keeping it's market share through aggressive advertising, can enter into the soda market, targeting these regions where coca-cola and other players seem to have a pseudo monopoly.

Red Bull can also look at creating more flavours depending on the psychographics of the target market it is looking at.

Bull Stratos

Red Bull Stratos is the official name for the project involving Mr Baumgartner's mission. Mr Baumgartner's project involved a record breaking jump for the ages from the edge of space which cost about USD 30 million. It is on record that this is nothing like what Red Bull have ever done before and it did so at a fraction of it's annual sports marketing which is estimated at about USD 300 Million.

To answer the question about its effectiveness, its definitely yes.

Over 8 million people saw the jump which had the Red Bull logo/ branding conspicuously displayed. It was dubbed "the most successful Public Relations campaign of year 2012."

The line will always be dictated by the metrics which show returns on marketing budget invested.

Any strategy that currently works to enhance the brand of Red Bull or at least keep its dominance over the energy drink market, must be explored.

Cheers!

6 0
3 years ago
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