All categories

3 years ago

In the five C's, how is cost different from price?

Business

2 answers:

Morgarella [4.7K]3 years ago

7 0

Answer:

D It includes all of the costs related to the product.

Explanation:

The five C's that we have are

1. compatibility: What is the relationship between the product and other products in the market , are they alike

2. Competition: what are the various compe

3. Cost: THis has to do with the monetary value in manufacturing a product, price is the the monetary value a customer is willing to pay for that product

4. Channels of distribution: Ways of selling the product

5, Clients: These are end users of the products

so the answer will be

D It includes all of the costs related to the product.

telo118 [61]3 years ago

5 0

There are five C's while the product is priced.

1. Cost - While pricing the product, the product price should include all the cost related to the product that is marketing, selling and distribution and other cost.

2. Customers - Whether the customer will be able to pay the price and is the best judge.

3. Channels of distribution - Through which mode it will reach its customers

4. Competition - which are the competitors in the market and at what price the product is sold by them.

5. Compatibility - Pricing is to be done on the basis of how much the product is compatible with its supplement products.

The correct answer is D which says that the Cost includes all the cost related to the products.

You might be interested in

A local philanthropist made an unconditional pledge to donate $100,000 to a not-for-profit organization to be paid in five equal

sweet [91]

Answer:

The correct answer is C)

Explanation:

A pledge in this context is a vow or a promise to make a donation or give something at a future date. It may be vocalized or communicated in writing.

The Financial Accounting Standards Board (FASB), sets out the criteria for recognizing a pledge or a promise as follows:

Relevance— If the promise is important enough to make a difference in the users decisions, then it ought to be recognized
Definitions—If the item satisfies the definition of a component of a financial statement, then it ought to be recognized;
Dependability— When the pledge is based on a fact that can be recorded, verifiable, and neutral, then it can be recognized
Measurability— if it allows for measurability, then it should be recognized

It is clearly stated that where the certainty or reliability of a promise or a vow is difficult that measure, it is better to decline from recognizing such a pledge.

Cheers!

8 0

3 years ago

ABC Company’s budgeted sales for June, July, and August are 14,800, 18,800, and 16,800 units, respectively. ABC requires 30% of

aleksandr82 [10.1K]

Answer:

The number of units to be produced in June and July is 16,000 units and $18,200 respectively

Explanation:

The computations are shown below:

Number of units produced in June

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 14,800 units

Ending inventory units = 18,800 units × 30% = 5,640 units

Beginning inventory units = 4,440 units

Now put these units to the above formula

So, the units would equal to

= 14,800 units + 5,640 units - 4,440 units

= 16,000 units

Number of units produced in June

= Sale units + ending inventory units - beginning inventory units

where,

Sale units is 18,800

Ending inventory units = 16,800 units × 30% = 5,040 units

Beginning inventory units = 18,800 units × 30% = 5,640 units

Now put these units to the above formula

So, the units would equal to

= 18,800 units + 5,040 units - 5,640 units

= 18,200 units

5 0

3 years ago

A tax on _____ is an indirect tax land buildings income gasoline

stira [4]

The answer for that question would be : Gasoline

Indirect tax is the the tax that could be shifted from one payer to another. In united states, the Gasoline tax is shifted the consumers so everytime the consumers choose to buy the product they not only pay for the actual products, but they also have to pay the tax that shifted from the company.

3 0

3 years ago

Read 2 more answers

Hailey Wilson loves to cook and receives unqualified praise whenever she prepares a meal for someone. Encouraged by these compli

beks73 [17]

Answer:

.E. sole proprietorship.

Explanation:

A sole proprietorship, also known as the sole trader, individual entrepreneurship, or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. Sole Proprietorship examples include small businesses, such as a single person art studio, a local grocery, or an IT consultation service. The moment you start offering goods and services to others, you form a Sole Proprietorship. It's that simple. Legally, there is no distinction between you and your business.

5 0

3 years ago

Read 2 more answers

If a patent lawyer works for a startup without cash compensation, but receives instead shares in the presumably soon-to-be-succe

olga_2 [115]

1 or 2 mmight be the right answers but please let me know if im wrong

5 0

3 years ago

Read 2 more answers