Answer:
b. False
Explanation:
In a competitive environment, pricing strategy is one of the strategies to ensure efficiency and profitability. But lowering of prices at the expense of deterioration in the quality of product offerings cannot be a recommended strategy.
The four competitive strategies specified by Michael Porter are namely, Cost Leadership, Differentiation, Cost Focus and Differentiation focus.
Under Cost leadership, a firm strives to offer it's products at the lowest cost and be the cost leader in an industry.
Differentiation refers to adding unique attributes and values to the products which differentiates such products from those of the competitors.
Cost focus refers to cost leadership when targeted at a particular marketing segment and similarly, differentiation focus is differentiation when applied to a specific marketing segment.
A firm cannot focus at price at the expense of quality of it's offerings. Thus, keeping prices down isn't all which matters.
A focus group is a common qualitative research technique used by companies for marketing purposes. It typically consists of a small number of participants, usually about six to 12, from within a company's target market. So yes your right
Answer: open listing
Explanation:
Open listing refers to the contractual agreement where a listing broker acts as the agent of a seller and a commission is agreed to be paid to the listing broker when the property is sold through the listing broker's efforts.
Therefore, the name of the agreement Jed can use to allow Chico to show the home to his buyer that would allow Chico to earn a commission if the buyer purchases Jed's home is the open listing.
Answer:
A. $ 8 comma 730.
Explanation:
The computation is shown below:
For 1 - 30 days
= $61,000 × 2%
= $1,220
For 31 - 60 days
= $44,000 × 5%
= $2,200
For 61 - 90 days
= $21,000 × 11%
= $2,310
Over 90 days
= $9,000 × 50%
= $4,500
So, the total amount is
= $1,220 + $2,200 + $2,310 + $4,500
= $10,230
Now the Account Expense is
= Total expense - credit balance
= $10,230 - $1,500
= $8,730
Answer: Trade associations are non-profit organizations whose primary purpose is to <u>provide different learning tools for businesses in a particular industry.</u>
