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omeli [17]
3 years ago
6

You are interested in purchasing a digital camera and find one priced extremely low. As you are about to purchase the camera, yo

u discover that it does not come with a power cord, memory card, or battery. You purchase all of these separately. The total cost surpasses what you would have paid at another store that listed the camera at a higher price, but included all the accessories. You have been a victim of the _______ technique.
Business
1 answer:
CaHeK987 [17]3 years ago
3 0

Answer:

low-ball technique

Explanation:

Based on the scenario being described it seems that you have been a victim of the low-ball technique. This is a persuasion tactic in which an item is marked at a very tempting low price in order to get customers to commit to the purchase, but when they do commit the price is increased in one way or another. Which in this case was by requiring extra components to be able to use the camera.

You might be interested in
Jerry, the recruitment manager at Randents Inc., reviews the performance of his team members on a monthly basis. Based on the re
olga_2 [115]

Answer:

d. controlling

Explanation:

controlling as a function of management is the act checkmating if the established target is achievable and if not, the reasons for the deviation.

A form of Controlling that Jerry is undergoing is Personnel control which is aim at making sure other people do what should be done.

• The basic control process are seen in Jerry action as:

(1) establishing standards:

monthly target to be achieved has being given to the personnel

(2) measuring performance against these standards.

Jerry reviews the performance of his team members on a monthly basis.

(3) correcting deviations from standards and plans.1

Based on the results of his monthly reviews, he decides to conduct daily reviews to analyze the performance of members who do not achieve their monthly targets.

8 0
3 years ago
Landon jewelers uses the perpetual inventory system. on april 2, landon sold merchandise with a cost of $3,500 for $8,000 to a c
il63 [147K]
<span>the journal entry to record the cost of goods sold would be n = 3500, t = 1/15, n/30</span>
5 0
3 years ago
During a conference call with the corporate office, you are told by a senior executive that you will be going abroad in the next
vladimir2022 [97]

Answer:

C.Clarify the situation, and ask specific questions about the overseas company's cultural and ethical practices. Also, ask what your company policies are regarding intercultural ethics.

Explanation:

In doing business with foreign cultures one needs to know the expected way transactions are conducted in the country.

A senior executive told you on conference call that you should increase expense amount because when you travel abroad for a trip you will give $5,000 each to top executives of a large account.

In your locale it may be considered bribery, but in the foreign country it may be rude not to give a gift when doing business.

So you need to clarify what acceptable ethical practices are with the foreign company.

6 0
3 years ago
When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha
kolezko [41]

Answer:

The answer is D. Open communication is key in building lasting relationships whether in business or in personal relationships.

Explanation:

For two companies to maintain a strategic relationship, there must be open communication.  Whitney displayed correct understanding of this ingredient for strategic relationships.

That was why she was open enough to work out a more amicable relationship with Rodney.  She discussed her sales goals and new ideas for the business.  On Rodney's part, he showed no interest.  He was not ready to discuss his own sales goals.

Rodney lost a golden opportunity offered by Whitney by opening up communication.  He should have embraced the chance to bring up his concerns and discuss his goals openly, unless he is hiding something.  He could be deliberately overcharging on price.  These comments remain mere guesses as Rodney failed to open up.

7 0
3 years ago
The weighted average cost of capital for a firm with debt is the:
tankabanditka [31]

Answer:

Rate of return a firm must earn on its existing assets to maintain the current value of its stock.

Explanation:

The expected return is calculated on cost of capital, and that the cost of capital is weighted average cost of capital.

This is because weighted average cost of capital is the cost of capital which is based on the overall risk and weights of capital in the total capital of the company.

When the net return on total capital is less than weighted average cost of capital it means the company is not able to meet the total cost of capital and accordingly, the company faces some sort of losses.

Therefore, minimum return shall be equal to weighted average cost of capital.

3 0
4 years ago
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