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3 years ago

How does Alibaba implement competitive pricing strategy in market?

Business

1 answer:

laila [671]3 years ago

6 0

Answer:

By reducing their prices compare to the price of their competitors.

Explanation:

Note, a competitive pricing strategy refers to a pricing strategy that involves deliberately 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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On January 1, Year 1, Boyd Corporation accepts a $10,000 three-month, nine percent promissory note from one of its customers. To

mihalych1998 [28]

Answer:

The borrower records its receipt of cash and new liability with this entry

Jan 1 Notes Receivable $10,000 Dr.

Sales / Accounts Receivable $10,000 Cr.

Received Note of 3 months with 9% interest

The entry would credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.

6 0

3 years ago

Hardware restoration reports net sales of $50,000. if sales returns and allowances are $10,000 and sales discounts are $1,500, w

Sunny_sXe [5.5K]

The gross sales will be given by:
Gross sales=(net sales)+(sales returns)+(discount)
net sales=$50000-
Return inwards(sales returns)=$ 10000
Discount=$ 1500
Thus;
Gross Sales=50000+10000+1500
=61,500
The answer is B. $61,500

8 0

3 years ago

The following information relates to the Magna Company for the upcoming year, based on 402,000 units. Amount Per Unit Sales $ 10

MAXImum [283]

Answer:

Ans. The operating profits will increased by $216,683.58 by increasing the sales by 66,000 units ( $1,049,400)

Explanation:

Hi, first we have to consider that Magna has sufficient capacity to handle this additional order, it means that its manufacturing overhead is not going to increase, in other words, our costs of goods sold, for the first 402,000 units are going to be $13/unit (COGS no manufacturing overhead)+ $1,360,000 of fixed manufacturing overhead.

We could do the same with the operating expenses, but there is no use for that since no additional operating expenses (as a whole) need to be added for this additional 66,000 units.

Before this additional 66k sale, this is what we have.

Unit

Amount 402,000

Sales $26 $10,452,000

COGS(no overhead) $13 $5,072,000

Fixes man overhead $3 $1,360,000

Gross Margin $10 $4,020,000

Oper expenses $0.86 $346,300

Fixed Marketing expense $0.29 $116,000

Operating profit $3,557,700

Now, let´s see how it looks when we add this additional 66k units to the P&L statement.

Unit

Amount 468,000

Sales $26 $10,452,000

Sales( at $15.90) $15.9 $ 1,049,400

COGS(no overhead) $13 $5,904,716

Fixes man overhead $3 $1,360,000

Gross Margin $10 $4,236,684

Oper expenses $0.86 $346,300

Fixed Marketing expense $0.29 $116,000

Operating profit $3,774,383

Therefore, the company´s operating profits will increase in $216,683.58

($3,774,383.58 - $3,557,700).

Best of luck.

4 0

4 years ago

Mark is the manager of Mayhem Enterprises. Mark believes Angel, a twenty-year employee of Mayhem, is stealing from the business.

GenaCL600 [577]

Answer:

The torts Mark might have committed by his action includes:

assault and battery
intentional infliction of emotional distress
defamation of character

Explanation:

Assault and battery : grabbing of the 25 year old employ by the hand is considered forceful and wrong handling of a person and therefore is considering assault

Intentional infliction of emotional distress: keeping her in his office without actually seeking for her consent and also with her not aware of his next line of action can cause her emotional distress

defamation of character : screaming at her in front of other employees without evidence of stealing is considered defamation of the employees character

6 0

3 years ago

Read 2 more answers

a self-employed taxpayer may be eligible to deduct amounts paid for medical insurance for themselves and for their families, as

12345 [234]

A self-employed taxpayer may be eligible to deduct amounts paid for medical insurance for themselves and for their families, as long as neither they nor their spouse was eligible for employer-sponsored health insurance. This deduction claimed to Claim a non -refundable tax credit based on the cost of the insurance.

insurance is a settlement that transfers the risk of monetary loss from an individual or business to a coverage organization. They acquire small quantities of money from clients and pool that cash collectively to pay for losses. Coverage is split into essential classes: belongings and Casualty coverage (percent).

Coverage plans are beneficial to each person seeking to defend their family, property/property, and themselves from economic chance/losses: coverage plans will help you pay for clinical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care required in the future.

In coverage phrases, the threat is the chance something harmful or unexpected ought to appear. This might involve the loss, theft, or harm of precious assets and assets, or it may involve someone being injured.

Learn more about insurance here brainly.com/question/25855858

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7 0

1 year ago