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Pie
3 years ago
14

The key to setting a final price for a product is finding an approximate price level to use as a reasonable starting point. Four

common approaches to selecting an approximate price level are (1) demand-oriented, (2) cost-oriented, (3) profit-oriented, and (4) __________ approaches.
Business
1 answer:
nadya68 [22]3 years ago
4 0

Answer:

competition-oriented

Explanation:

Four common approaches to selecting an approximate price level are (1) demand-oriented, (2) cost-oriented, (3) profit-oriented, and (4) competition-oriented approaches

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On July 1, Shady Creek Resort borrowed $350,000 cash by signing a 10-year, 8.5% installment note requiring equal payments each J
egoroff_w [7]

Answer:

$29,750

Explanation:

Given that

Borrowed amount = $350,000

Interest rate = 8.5%

The computation of interest expense is shown below:-

Interest expense in the first annual payment = Borrowed amount × Interest rate

= $350,000 × 8.5%

= $29,750

Therefore, for computing the interest expense in the first annual payment we simply multiply borrowed amount with interest rate.

7 0
2 years ago
in the course of creating an effective business message, excellent business thinkers are most likely to quizlet
Dmitry_Shevchenko [17]

In the course of creating an effective business message, excellent business thinkers are most likely to: identify and articulate key questions and problems.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

  1. Organizational (Corporate) strategy.
  2. Business (Competitive) strategy.
  3. Functional strategy.
  4. Operating strategy.

In Business management, it is very important for excellent business thinkers to identify and articulate key business questions and problems that have the potential of affecting a business.

Read more on business strategy here: brainly.com/question/17130109

#SPJ1

Complete Question:

In the course of creating an effective business message, excellent business thinkers are most likely to Multiple Choice

begin jotting down a rough draft right away to capture their ideas.

encourage one-way linear thinking and a rigid approach to business problems.

avoid using the other-oriented tone in their text.

identify and articulate key questions and problems.

make well-reasoned conclusions and solutions

6 0
1 year ago
Country Q has experienced a rapid increase in its unemployment rate and a sharp decline in its GDP. What might policymakers do i
Nezavi [6.7K]

Based on the situation facing Country Q, they might respond by <u>trying to </u><u>trade </u><u>with other </u><u>nations </u><u>to</u><u> increase production</u><u> and </u><u>create </u><u>new </u><u>jobs</u>

<u />

Trading with other nations:

  • Allows for an economy to develop as it would produce more to export
  • Increases employment as people would work in the new companies created to produce export

It would therefore be in Country Q's best interest to trade as this would increase their employment figures and GDP on account of higher production.

In conclusion, Country Q should trade more.

<em>Find out more </em><em>benefits </em><em>of </em><em>trade </em><em>at brainly.com/question/11317503</em>

6 0
2 years ago
Read 2 more answers
Bonds with a face value of $384000 and a quoted price of 98.5 have a selling price of?
lbvjy [14]

Answer: The selling price would be $378,240.

6 0
1 year ago
Kingbird, Inc. assembled the following information in completing its March bank reconciliation: Balance per bank $21800 Outstand
igomit [66]

Answer:

Kingbird will have an Updated Cash Balance of $21,800

Explanation:

<em>First Step is to Update the Bank Balance in the Cash Book</em>

Debit :

Cash Balance before adjustment     $25,080

Dishonored Cheques                            $460

Totals                                                  $25,540

Credit:

Bank service charge                               $145

Balance as per updated Cash Book $25,395

Totals                                                  $25,540

<em>Then Prepare a Bank Reconciliation Statement</em>

<u>Bank Reconciliation Statement</u>

Balance at Bank as per Cash Book $25,395

Add Unpresented Cheques                $7,150

Less Lodgements not yet credit        ($4,425)

Balance as per Bank Statement       $21,800

<u>Conclusion.</u>

Kingbird will have an Updated Cash Balance of $21,800

8 0
3 years ago
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