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nalin [4]
3 years ago
5

After researching products similar to yours in the industry, you decide that your product has superior value. As such, you decid

e to price your product above the other products in the same industry. Which type of pricing strategy are you most likely using?
Business
1 answer:
vladimir2022 [97]3 years ago
5 0

Answer: premium pricing strategy

Explanation: its also known as premium pricing and luxury pricing a prestige pricing strategy is a situation whereby a firm price their products high to present the brand that their products is of high-value, luxury, or premium. Premium pricing strategy focuses on the perceived value of a product rather than the actual value or production cost.

Prestige pricing is a direct function of image awareness and brand perception. Films who use this pricing method are known for providing value and status through their products, and one of the reasons why they’re priced higher than other competitors in the market, firm that often use this strategy are fashion and technology because they can be marketed as luxurious, exclusive, and rare.

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In one day madison laundry washed 4,000 pounds of laundry with 5 workers who each worked 8 hours. what was its productivity?
JulijaS [17]

Per wash load, productivity is $0.47.

<h3>Define productivity.</h3>

A common definition of productivity is the ratio of input volume to output volume. In other words, it assesses how effectively an economy uses labor and capital as production inputs to create a particular amount of output.

Being able to create, especially quickly and with excellent quality, is a sign of productivity. Making excellent school tasks in a short amount of time is an example of productivity. How quickly toys can be produced in a toy factory is an illustration of productivity.

It is computed by dividing a company's outputs by the inputs it used to achieve those outputs.

To learn more about productivity from the given link:

brainly.com/question/22852400

#SPJ4

5 0
2 years ago
bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 5,600 direct labo
Savatey [412]

Answer:

$84,000

Explanation:

The computation of August cash disbursement for manufacturing overhead is seen below;

Direct labor hour

5,600

Variable overhead per hour

$5.4

Variable manufacturing overhead

$30,240

Fixed manufacturing overhead

$69,440

Total manufacturing overhead

$99,680

Less: Depreciation

$15,680

Cash disbursement for manufacturing overhead

$84,000

8 0
3 years ago
The budget is one of the three values of earned value management and is also known as _____. a. actual cost b. indirect cost c.
enot [183]

Answer:

The correct answer is d. planned value

Explanation:

Among project managers, the Earned Value is one of the most demanded requirements of management tools. When we talk about it, we refer to Earned Value Management (EVM), a series of parameters that advise on the operation of the project based on a planning. The Earned Value will inform us of the cost and time deviations of the project. So, thanks to its functionality, we can make faster and more effective decisions, based on concrete data about the reality of the work performed.

4 0
4 years ago
A company's environment consists of both a microenvironment and a macroenvironment — forces outside of marketing that affect a m
Kitty [74]

Answer:

<u>Macro-environment:</u>

  • Media: The low positioning of the Colorado School framework is getting a great deal of inclusion in predominant press and online life  
  • GenX: GenX's posterity are starting to enter auxiliary schools. This age requests a tech-rich encounter for it's youngsters  
  • Monetary Downturn: As the economy eases back, less families can bear to send their children to tuition based school, bringing about expanded government funded school enlistments  

<u>Micro-environment:</u>

  • Bring your own tech More schools are urging their understudies to cell phones and tablets to class which permits students to discover data online instead of in reading material.  
  • Finance Department: Financial investigators propose that a 10% cut in costs is vital one year from now to expand Gerfachs return on deals  
  • Contenders: Gerfach faces expanding rivalry from firms that produce digital books as it were

6 0
3 years ago
Read 2 more answers
A stock trading company had the budget for enhancing its secondary datacenter approved. Since the main site is in a hurricane af
marshall27 [118]

Answer:

The correct answer is hot site.

Explanation:

A hot site is a site where a company's operation can take place after a disaster. it is a duplicate of the original site and is situated at an off-premises location. It is a backup site which has all the equipment that is required to continue operations. it is always online and immediately available.  

A warm site has lesser equipment than a hot site and requires more time to be operational. A cold site has the least equipment and takes a few days to be operational but is the cheapest alternative.  

Since the company here wants the business to resume in the least time it should go for a hot site.  

8 0
3 years ago
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