C. organize the stacks of paper
Answer:
Penetration pricing is a pricing strategy where a company charges less than its competitors in order to entice its competitors' customers to patronise them instead.
Competitive pricing on the other hand will see a company charging the same price as its competitors.
Benefits of using Penetration pricing over Competitive
- Reduce competition - If the company engaging in penetration pricing is large enough with more influence in the market, charging less than competitors might lead to competitors leaving the market as the prices will be too meagre for them to cover costs.
- Market Dominance - using penetration pricing can lead to customers moving from the competitors to the company using penetration pricing thereby giving that company market dominance.
- Economies of scale - Penetration pricing allows the company to sell more quantity of its product which means that it will have to produce more and this will reduce average costs for the company.
Risks involved
- Price War - There is a risk of a price war if a company uses penetration pricing. A price war happens when a company reduces its prices and their competitors react by reducing their own prices as well. It might led to a situation where this continues until all the companies are making significant losses.
- Brand Image damage - Cheaper products are usually perceived as having lower quality. Reducing prices might see customers believing instead that the brand is poor and so they may avoid it.
- Attracts low loyalty - The customers gained through this strategies most often have little brand loyalty and when a better deal comes than the one they are being offered in that moment, they will leave.
Answer:
valence
Explanation:
According to the expectancy theory of motivation, valence refers to how much we (as individuals, not collectively) value any possible rewards that we can obtain.
In our workplace, valence helps us to decide whether any offer is worth being accepted based on our personal needs, values or goals.
In this case, Janet was offered three additional weeks for maternity leave during the next year, but she needed them now, not next year. That is why she rejected the offer and ended up quitting her job.
Answer: Swiss chocolate will become more expensive in the United States.
Explanation:
If the American dollar depreciates relative to the Swiss Franc then Swiss chocolate will become more expensive in the US.
This is because goods belonging to the country with the stronger currency will be more expensive in the country with the weaker currency.
For example, let's say the rate of USD to Franc was 1:1 and swiss chocolates cost Fr5 that means it would cost $5 as well in the US.
Now suppose the rates become, USD to Franc, 1.25:1 meaning the Franc is stronger now. The price of chocolate in Switzerland is still Fr.5 but now in the US it will go to,
= 5 * 1.25
= $6.25 meaning Swiss things are now more expensive in the States.
NB - Your third option says, "American computers will become less expensive in Italy". If this was a typo and you meant, "in Switzerland" then this option is CORRECT as well because American goods will be cheaper in Switzerland.
Cheers.