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Neporo4naja [7]
3 years ago
8

Leslie loves to shop at T.J. Maxx and feels she is saving a lot of money because the price tags usually have the manufacturer's

suggested retail price (MSRP) listed and crossed off and the T.J. Maxx price below much lower. The MSRP is being used as a _____.
Business
1 answer:
Vilka [71]3 years ago
7 0

Answer: Reference price  

Explanation:

 According to the question, the manufacturer suggested retail prices (MSRP) is basically used as the the reference price as it is refers to the price where the buyer willing to pay the price for the products and the services in the market.

It is also known as the competitor pricing and the reference pricing is mainly used by the high volume buyers.

The reference price make easily accessing the quality of the products and its actual price to the customers in the market for avoid any type of confusion.    

Therefore, Reference price is the correct answer.    

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Henry Crouch's law office has traditionally ordered ink refills 55 units at a time. The firm estimates that carrying cost is 40%
defon

Answer:

Its action would be optimal given an ordering cost of $28.31 per order

Explanation:

According to the given data we have the following:

economic order quantity, EOQ= 55 units

annual demand, D=235

holding cost per one unit per year, H=40%×$11=$4.4

ordering cost, S=?

In order to calculate the ordering cost we would have to use the following formula:

EOQ=√(<u>2×D×S)</u>

                (H)

Hence, S=<u>(EOQ)∧2×H</u>

                     2×D

           S=<u>(55)∧2×4.4</u>

                   2×235

          S=<u>13,310</u>

                470

          S=$28.31

Its action would be optimal given an ordering cost of $28.31 per order

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3 years ago
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A company's strategy can be considered "ethical" as long as: Select one: a. it does not entail actions/behaviors that cross the
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Answer:

A. it does not entail actions/behaviors that cross the moral line from "can do" to "should not do" (because such actions are unconscionable, injurious to others, or unnecessarily harmful to the environment).

Explanation:

What keeps a company going is their moral conduct and transparency. It is the basic ethics any company must possess. A company's service should be established within the phrases of "can do" and should not have exceptions attached such that it may cause harm if done otherwise.

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Answer:

The answer is establishment of organisational goals

Explanation:

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What do you think of when you hear the words “product development”?
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Answer: Product development is the complete process of delivering a new product or improving an existing one for customers. The customers can be external or internal within a company.The objective is to ensure that the new or enhanced product satisfies a real customer needs

Explanation:

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