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rusak2 [61]
3 years ago
11

Select the statement that is true regarding pricing and competitors’ prices. a. Information about competitors’ prices is easily

attainable. b. Firms may set prices slightly above competitors’ prices to create a perception of exclusivity. c. In non-price competition industries, marketers do not need to worry about competitors’ prices. d. Marketing research does not focus on obtaining information about competitors’ prices. e. Marketers need demand-based price information in industries dominated by price competition.
Business
1 answer:
vampirchik [111]3 years ago
7 0

Answer: Marketers need demand-based price information in industries dominated by price competition.

Explanation: In a competitive market, marketers need to study the price of other marketers in the market. This would enable the marketers to know how to adjust their prices to attract customers to their products.

A competitive market is one which is controlled by the forces of demand and supply.

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Serena just finished making a buyer presentation to Mark and Debbie Calhoun. Now that they understand the difference between bei
Yanka [14]

Answer:

Notifying Serena of any material changes

Explanation:

With Serena now serving as their (Mark and debbie Calhoun) agents, it is paramount that Serena (the agent) be notified about any material changes made by the buyers. The buying agents (in this case Serena) is an individual or organization that is responsible for purchasing goods or property on behalf of another person. They are usually license professionals who search and undergo the purchasing procedure of products that their clients is interested in owning.

8 0
3 years ago
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand foreca
Alex73 [517]

Answer:

The optimal production plan gives a total costs of $417,672 for the periods Feb to May

In Feb we will have to hire 26 workers to close the gap between demand and production from our 100 existing workers

In March however, we will have to lay them off (26 workers) to keep our production in line with demand.

In April, we are constrained to 100 workers, thus requiring that we run overtime. The overtime requirement is between 3,060 hours to max of 5,000 hours. Note that inspire of the hours chosen, demand for April still won't be fulfilled.

The best option will be the one that gives us last backlog because of the costs of backorder being extremely costly.

5,000 overtime hours in April is the best option .

In May, we are constrained to our 100 workers, meaning we will fulfill our back orders and also retain inventory in hand of 7,760 units.

The 3 pages attached show how the cost is worked out and the presentation as well.

3 0
3 years ago
self-organization versus hierarchical organization — a mathematical investigation of the anarchist philosophy of social organiza
stira [4]

self-organization versus hierarchical organization — a mathematical investigation of the anarchist philosophy of social organization

In combining anarchist theory with mathematics, this thesis wishes to better understand what power and hierarchy are in order to explore how we can live without coercion.

The process by which individuals organise their social relationships to bring about global order through their interactions with one another rather than through external intervention or teaching is referred to as self-organization. The nervous system exhibits many self-organizational characteristics since it is a very complex and dynamic system with several pieces interacting with one another. In this chapter, we will talk about three different types of brain self-organization: self-organization during development, self-organization as a result of experience, and self-organization as a result of damage. The development of the nervous system is affected by self-organization. Since it is difficult to explain how the nervous system, which is highly structured and complicated, can develop from a single fertilised egg, this is a crucial issue in our knowledge of the neurological system.

Learn more about self-organization here

brainly.com/question/5489964

#SPJ4

4 0
2 years ago
Your friend says to you, "America is one of the fairest countries in the world because we have a democracy, and we are able to v
professor190 [17]

Answer and explanation:

Democracy is the state in which individuals of a community make decisions collectively being the interest of most people prioritized. A pure form of democracy is difficult to find even in countries that highly promote equal rights such as the United States.

The Democracy Index is a composite that measures democracies in 167 countries scoring them from 1 to 10 (10 is the highest grade). In 2019, The U.S. was positioned in the 25th place in the list of most democratic countries. <em>Norway </em>is placed in the first place followed by <em>Iceland</em>.

In such a case, <em>we should recommend our friend to take a look at the Democracy Index where he or she will find out that the U.S. is not one of the fairest nations in the world. Its government functioning and political participation are aspects where the U.S. needs improvement.</em>

6 0
3 years ago
Bernie wants to go into the business of construction contracting. Among the reasons that would probably convince Bernie to set u
krek1111 [17]

Answer:

a. its greater flexibility

Explanation:

A sole proprietorship is A form of legal business structure owned by only one person. The liabilities of the owner is unlimited. It is usually flexible as decisions are made and approved by the owner.

A sole proprietorship doesn't usually have perpetual existence. It usually ends when the owner dies. It is not easy to transfer shares to other family members.

A sole proprietorship gives the owner the opportunity to be involved in the day to day running of the business.

I hope my answer helps you.

6 0
4 years ago
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