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LenKa [72]
3 years ago
5

Gillette is preparing to market and sell its new razor, the mach 6 afterburner. gillette believes that its best strategy involve

s selling the razor at a low introductory price in order to gain maximum market share. what type of pricing strategy will gillette use?
Business
1 answer:
Bingel [31]3 years ago
8 0
The Penetration Pricing pricing strategy is what Gillette will use in selling the new razor in the market. Selling the product at cost or below cost to expand the market share of the product. By selling at a lower price, the new product can capture the market and may even drive out other competing brands.
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Weather Watches, a watch manufacturing company, faces a lot of problems while planning and setting goals as its competitors’ tec
Licemer1 [7]

Answer:

B. A dynamic and complex environment

Explanation:

6 0
3 years ago
Refined Grains, Inc., is a Kansas-based firm that does business throughout the world. Refined Grains manages retail and wholesal
nadya68 [22]

Answer:

A) Commercial Transactions for the sale "of sonf" (should be AND) payment of goods.

Explanation:

The Uniform Commercial Code (UCC) was established to create a set of standard laws that can regulate interstate commerce. Since different states had various state laws that regulated commerce, it was difficult for companies to work without problems happening. Since the Constitution gave Congress the power to regulate interstate commerce, they set up the UCC that provides a standard legal framework for all the nation.

3 0
3 years ago
ClevelandInc. leased a new crane to Abriendo Construction under a 5-year, non-cancelable contract starting January 1, 2020. Term
Sophie [7]

Answer:

The correct answer is "2,40,000". The further explanation is given below.

Explanation:

The given fair value is:

= $240,000

The presentation in books of lessee will be:

⇒  Record \ of \ assets =PV \ of \ Lease \ Payment +Unguaranteed \ residual \ value

⇒  Annuity \ value \ of \ 8 \ percent \5 \ year\times 48555+Anuity \ value \ of \ 5th \ year\times 45000

On putting the values, we get

⇒  3.9927\times 48555+0.6806\times 45000

⇒  193865.54+30627

⇒  224492.54 \ i.e., 2,24,493 ($)

Presentation in books of Lessor , the fair value of assets will be

=  2,40,000 ($)

8 0
4 years ago
One useful method of process improvement involves consideration of how another organization performs a process, identifying and
Sergio [31]

Answer:

a. benchmarking

Explanation:

Benchmarking is a management strategy that a  business uses to measure productivity, or set goals based on the industry's best practices. An organization applies the benchmarking approach to evaluate its quality, processes and procedures, and performance against that of other firms. An organization uses the benchmarking report to improve its operating and product standards.  

Benchmarking can be internal or external. Internal benchmarking involves comparisons between teams, departments, or individuals within an organization. External benchmarking is where a firm gauge its critical operations against those of its competitors or other similar companies.

7 0
3 years ago
Why might it be important to get a lower interest rate on a mortgage?
lyudmila [28]
A. It might be important to get a lower interest rate on a mortgage because it means lower monthly payments.
8 0
3 years ago
Read 2 more answers
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