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Nat2105 [25]
3 years ago
15

Automated retailing occurs when a consumer goes into a store to learn about different brands and products and then searches the

Internet for the same product sold at a lower price. Group of answer choices True False
Business
1 answer:
Grace [21]3 years ago
5 0

Answer:

False

Explanation:

The scenario described above is called Showrooming, where customers just go to a store to find out about various products. They do not buy and look for alternative cheap options.

On the other hand, automated retailing occurs when products are stored in a machine that can dispense to customers.

An example is a soda vending machine.

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A Best Eastern Motel is a regional motel chain. Its rooms rent for $90 per night, on average. The variable cost is $40 a room pe
alexdok [17]

Answer:

The break even point in units is 24000 rooms per year.

Explanation:

The break even point in units is a point where enough units are sold to earn a revenue that covers the total cost of the business and there is neither a profit nor a loss to the business. The break even point in units can be calculated as follows,

Break even in units = Fixed cost / Contribution margin per unit

Where,

Contribution margin per unit = Selling price per unit - Variable cost per unit

So,

Contribution margin per unit = 90 - 40 = $50

Break even in units = 1200000 / 50    =  24000 units

3 0
3 years ago
Read 2 more answers
What's pricing strategy
Sedaia [141]

Answer:

<em>A pricing strategy takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others. It is targeted at the defined customers and against competitors.</em>

Explanation:

A business can use a variety of pricing strategies when selling a product or service. To determine the most effective pricing strategy for a company, senior executives need to first identify the company's pricing position, pricing segment, pricing capability and their competitive pricing reaction strategy

7 0
3 years ago
Read 2 more answers
When inside a closed work environment, it's okay to openly talk with co-workers about pii?
FrozenT [24]
No, i don't think so
In this context, PII stands for  <span>personally identifiable information, which is a type of information that could be used to identify a certain individual, such as social security number. You don't know the true characteristic of your co-workers , so it is safer to keep your PII to yourself</span>
4 0
2 years ago
If a bookstore manager prices a book higher than the equilibrium price, then _____. A. the market price of the book will become
oksano4ka [1.4K]

D. There will be an excess supply of these books.

4 0
2 years ago
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An investor is deciding between two projects, both of which have an initial cost of £5,000. One project will return £10,000 in t
snow_lady [41]

Answer:

The answer is: The net present value of the investments

Explanation:

The net present value calculates the current monetary value of a project's future cash flows, using a discount rate. You must remember that $1 today is worth more $1 in the future.

When deciding what projects should be financed, an investor will always look for projects with a NPV ≥ 0, and if he has to decide between two projects, the he will probably choose the project with the highest NPV.

The easiest way to calculate the net present value is to use an excel spreadsheet and the NPV function:

=NPV(rate,value 1, value 2,... value n)

5 0
3 years ago
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