Answer:
The correct answer is letter "C": market-skimming pricing.
Explanation:
A product price can be introduced using a<em> market penetration strategy </em>and <em>market-skimming pricing</em>. Market penetration pricing unveils a new product or service to draw buyers away from rivals at an initially low price. Market-skimming pricing is a technique that unveils a product that consumers can pay for it at the highest price. It helps to produce significant profits that will help a business recover production costs quickly.
Answer:
The correct answer is True.
Explanation:
Cost allocations move costs and revenues between cost types, cost centers and cost objects. You can define as many assignments as you need. Each assignment consists of:
- An origin assignment.
- One or more assignment destinations.
The allocation source establishes what costs should be allocated, and the allocation destinations determine where the costs should be allocated. For example, an origin of allocation may be the costs of the type of cost Electricity and Heating. Assign all electricity and heating costs to three cost centers: Workshop, Production and Sales. These cost centers are the allocation destinations.
For each assignment source, you can define an assignment level, a validity period and a variant as a group identifier. You can use a batch job to define filters to select assignment definitions and then run cost assignments automatically.
<span>The business cycle is the natural rise and fall of economic growth that occurs over time. The cycle is a useful tool for analyzing the economy. It can also help you make better financial decisions. </span>
Answer:
what managers think costs should be
Explanation:
Standard cost systems are based on what managers think costs should be as opposed to actually using the prices based on what they should be. The managers accomplish these prices by estimating the costs that will be incurred by the business during the production process and then creating the costs based on their estimations.
