1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bazaltina [42]
2 years ago
6

Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valua

ble product. Businesses use market research, surveys, and analysis to convince customers to buy products that provide _______ for money.
Business
1 answer:
harkovskaia [24]2 years ago
8 0

Answer:

Premium, value

Explanation:

Premium Pricing Strategy: this a strategy used by companies to drive up the prices for their products. This strategy is used when customers can be convinced that a company will offer a higher value than its competitors.

For example, looking at the prices of a Rolls Royce Phantom and a Toyota, one costs $450,000 and the other costs $25,000, both will take you from your office to your house, but some customers will prefer to buy the Rolls Royce, this is because of the value the Rolls Royce offers.

Value: this is the worth or usefulness of something. Therefore, if a company can offer value for money, customers will be willing to pay.

You might be interested in
Discussion Topic
Ganezh [65]

Answer:

Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about. You don't want people to read your report or proposals and be confused.

Explanation:

5 0
3 years ago
Tigger was terminated from the local ice cream shop as the staff manager. He did not manage by example including being rude to c
Lisa [10]

He failed at Human Resources functional area of management

Let understand that the functional area of management is the section of management of a firm which ensures that the important business activities are carried out efficiently.

The functional area of management is distinctively categorized into 6 part and they includes:

  1. Strategic area of management
  2. Marketing area of management
  3. Finance area of management
  4. Human resources area of management
  5. Technology & equipment area of management
  6. Operations area of management

In conclusion, the area that Tigger failed at is the Human Resources area because he need to serves as a good example for his Subordinate as well as effectively manage them, whereas, he failed at it.

Learn more about functional area of management here

<em>brainly.com/question/14594002</em>

6 0
3 years ago
If $525,000 of bonds are issued during the year but $210,000 of old bonds are retired during the year, the statement of cash flo
geniusboy [140]

Answer and Explanation:

Given:

Issue of new bonds price = $525,000

Retired price of  bonds = $210,000

It is given that new bonds price a $525,000 issue and the value of retire Bond price will $210,000.

Issue of new bonds will increase cash by $525,000 because business gets cash from the issue of bonds and retire off the old bond will decrease cash by $210,000.

7 0
3 years ago
Jennifer is marketing manager for a major consumer goods firm. She is interested in determining if market opportunity exists for
Andrei [34K]

Answer:

- How to best segment the ready-made dinner market.

4 0
3 years ago
Which procedure would be of most assistance to an auditor discovering a large credit sale that has erroneously been recorded twi
koban [17]

Answer:

B. Sending accounts receivable confirmations.

4 0
3 years ago
Other questions:
  • A company had beginning inventory of 8 units at a cost of $11 each on March 1. On March 2, it purchased 11 units at $10 each. On
    14·1 answer
  • 200 premium 700 deductible how much should i pay out of pocket
    9·1 answer
  • Certain brand names, such as Kleenex and Rollerblade, fear they could become _________, because they are so commonly identified
    9·1 answer
  • When does the government assume a contractionary fiscal policy position?
    13·1 answer
  • At the end of the day, the cash register's record shows $1,278, but the count of cash in the cash register is $1,259. The correc
    6·1 answer
  • Blue Ace Autos Inc. and Ferdova Autos Inc. are two competing automobile companies. While Blue Ace Autos' Cost of goods sold/Reve
    13·1 answer
  • Which of the following scenarios would cause a surplus in a market? a. The actual price is $20, the equilibrium price is $25, th
    14·1 answer
  • Which one of these is a specific risk?
    14·1 answer
  • Consider the comparison o’brien makes between dobbins and america. does o’brien like america? does he respect it?
    15·1 answer
  • What are the factor that you need to answer your and selective attention invertors?.elaborate your answer...
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!