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goblinko [34]
3 years ago
11

How does Alibaba implement competitive pricing strategy in market?

Business
1 answer:
laila [671]3 years ago
6 0

Answer:

<u>By reducing their prices compare to the price of their competitors.</u>

Explanation:

Note, a <u>competitive pricing strategy</u> refers to a pricing strategy that involves <em>deliberately </em>finding out the prices in which your competitor sells their product and then tailoring yours to be a little lower than theirs, by so doing customers feel motivated to buy from you instead.

For example, Alibaba can go to its competitor, let's say Amazon. and see how sells an iPhone. Then Alibaba can reduce/set its own price benchmark based on their prices.

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The final paragraph of a letter of application explains why you are writing the letter
Ivan
<h2>The given statement is false.</h2>

Explanation:

The reason for writing the letter comes always in the first.

The reader should first know, why the writer has written.

If the purpose of the letter is mentioned in the last, the reader wouldn't be interested and it is not the best practice also.

The last part should comprise of requesting, or re-insisting the purpose of the letter.

The middle paragraph should go in deeper by giving some proof or explaining the process in a descriptive manner.

6 0
3 years ago
Trade sanctions were often enacted as expressions of U.S. revulsion against nations for their internal practices, such as human
Ber [7]

Answer: True

Explanation:

As the proverbial 'Global policeman', the U.S. enacts sanctions on countries that it believes are acting in a way that is not beneficial to her own people or the plant at large.

This includes human rights abuses, poor labor standards and environmental standards amongst others. These sanctions are meant to hurt the sanctioned country so that they right their wrongs. Countries such as Burma are under trade sanctions due to their poor human rights record in dealing with Rohingya Muslims.

7 0
4 years ago
Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car Gwen 2
antoniya [11.8K]

Answer:

3. cannibalization

Explanation:

This term refers to the situation were sales or the market share of a product are reduced because another product is introduced by the same company.

5 0
4 years ago
How many barrels of oil are in the strategic petroleum reserve.
yaroslaw [1]

Answer:

714 million barrels

5 0
2 years ago
slytherin services, inc. granted 8 million of its $1 par common shares to executives subject to foreiture if employment is termi
hjlf

The total compensation cost pertaining to the restricted shares equals to the amount of $48 million.

<h3>What are compensation cost?</h3>

Also known as compensation expenses, include the recruiting costs, salaries, payroll taxes, benefits and bonuses. They form the significant part of a company's operating costs, which means that it affects corporate profitability.

According to the scenario, we will calculate the total compensation cost pertaining to the restricted shares by using following formula. Total Compensation Cost Pertaining to the Restricted Shares:

= Common Share × Market Price Per Share

= 8 million × $6

= $48 million

Read more about compensation cost

brainly.com/question/16258021

#SPJ1

8 0
1 year ago
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