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Maru [420]
3 years ago
14

2. A fancy steakhouse in a shopping mall offers a 20% discount to employees of other stores in the mall, provided that they eat

before 6:00 PM or after 8:00 PM. Can you explain the rationale for this strategy? (Your explanation should both account for why the 20% discount is not offered to everyone and why it is restricted in the hours when it is offered.)
Business
1 answer:
krok68 [10]3 years ago
8 0

Answer:

Different aspects to be considered:

First of all, the steakhouse probably has the most clients between 6 to 8 PM, that is why discounts are not offered during that time.

Second, the discount is offered to only a certain group, employees of other stores, because it is a promotional strategy aimed at increasing the number of clients during slow hours. Since this is a fancy place, it is probably expensive also. Most employees would not actually eat there except on a special event, e.g. birthday or anniversary dinner. Even with the 20% discount, not many of them will actually eat there.

This is something nice to offer, since a shopping mall is a close environment where a lot of different people work together, even if very few will actually take the offer. It is normal that different stores have distinct promotions for the employees that work there. It is similar to offering perks that help create a better working environment between the employees of different stores.

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alekssr [168]

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Option C is the correct answer.

<h3>What is underwriting?</h3>

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2 years ago
I sometimes start projectsThat I have difficulty finishing Disagree or agree
Naddik [55]

Answer:

agree lol

Explanation:

8 0
3 years ago
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An ad campaign by Suave shampoo asked television viewers to identify the heads of hair of women who used Suave shampoo and condi
Paraphin [41]

Answer:

Suave is most likely using<u> below-market pricing</u> or<u> the penetration pricing strategy.</u>

Explanation:

Penetration pricing is one of the pricing strategies used by the companies. In this strategy, the company gains the customer's attention and market shares by offering their products at low price. This increases the demand of the product or service in the future. This strategy involves below-market pricing to sell the products.    

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Wechsler Company uses the aging of accounts receivable method. The company performed an aging of accounts receivable on December
snow_lady [41]

Answer:

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Explanation:

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to find out

amount of Accounts Receivable, Net that will be reported on the balance sheet

solution

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Answer:

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