1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gennadij [26K]
3 years ago
9

General mills offers three sizes of its popular cereal cheerios: 10-, 14-, and 18-ounce boxes, and they are priced at approximat

ely $2.99, $3.99, and $4.49, respectively. the company employs this tactic to
Business
1 answer:
Marina86 [1]3 years ago
4 0

General Mills sold three sizes of cereal cheerios at $2.99, $3.99, and $4.49 each. Selling tactic used by the company is psychology pricing. General Mills used this technique to encourage customers to respond on emotional levels rather than logical ones.

<span>Setting the price of the cereal at $2.99 is proven to attract more consumers than setting it at $3.00, even though the difference is only $.01. Consumers are said to put more attention on the first number on a price tag than the last. </span>

You might be interested in
"Forcing insureds to sue the insurer to collect on a claim by offering substantially less than the amount eventually recovered i
Anuta_ua [19.1K]

Answer:

Unfair Claims Settlement Practices Act

Explanation:

Here fundamentally, the act which will be acted on the given sentence is generally known as Unfair Claims Settlement Practices Act. Unfair claims practice is the inappropriate restraint of a request by an insurer or an endeavor to diminish the intensity of the claim. By interlacing in unfair claims practices, an insurer strives to diminish its values. Nevertheless, this is unlawful in various jurisdictions. Additionally, most maximum states possess formulated a version of this type of rule. Denominated essentially the Unfair Claims Settlement Practices Act, it defends safeguard consumers from the unfair manner by insurers in the appeals settlement method.

6 0
3 years ago
On 20/07/2019, "ABC" Company sold goods to customer "X" with a total value of $120.000 The customer pad
shepuryov [24]

Answer:

1) total sales revenue = $120,000

this amount holds regardless of how much money was collected in cash or if an account/note receivable was recorded

2) the company must recognize interest revenue:

principal = $72,000

interest revenue = $72,000 x 10% x 40/360 days = $800

Dr Interest receivable 8000

    Cr Interest revenue 800

4 0
2 years ago
Which of the following is an example of a challenge faced by contemporary organisations?​
WARRIOR [948]

Answer:

b. environmental issues

c. global economy

Explanation:

Changes in the environment, such as pollution and global warming, affect operations and profitabiity.

The global economic crisis slows down organizational performance.

8 0
2 years ago
Doug is the vice president of product development for a corporation that makes flavored honey. Doug proposes to the board that t
yuradex [85]

Answer:

The board most likely will not be held responsible.

Explanation:

The board of directors can legally defend themselves based on the Business Judgement Rule. This rule in contained in the <u>Corporations Act of 2001 - Section 180.</u> It states that any decision made in regards to the business operations should be:

  • In good faith and not based on personal gain
  • In the best interest of the corporation
  • Based on information that supports the decision

For this particular case, the board based their decision on <em>previous market research</em> that received positive feedback.

6 0
3 years ago
In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six t
adoni [48]

Answer:

c. investors see better long-term prospects for Amazon

Explanation:

As we know that Amazon has the more customer base in the market due to which the shareholder predicted the expected profit in upcoming years. The company could run in long run. Even the ompany suffered huge losses due to discount provided but the investors are ready to invest in this company as they seen there is a better and long term prospects

Therefore according to the given situation, the option c is correct

3 0
3 years ago
Other questions:
  • You met Tevin on a social media website. He was a personable, effective communicator. While online, he asked for a donation to a
    6·1 answer
  • Thad, Jamarcus, and Willy have been working for Davidson International each for three years. While the trio started together as
    9·1 answer
  • 1. On January 1, 2017, a subsidiary sold equipment to its parent for $520,000. The subsidiary's original cost was $200,000 and a
    10·1 answer
  • April has joined a team with members from the sales, customer service, and
    12·1 answer
  • Colicchio Corporation acquired two inventory items at a lump-sum cost of $60,000. The acquisition included 3,000 units of knife
    11·2 answers
  • Firms HD and LD are identical except for their level of debt and the interest rates they pay on debt. HD has more debt and pays
    9·1 answer
  • Harry Rawlings wants to withdraw $10,000 (including principal) from an investment fund at the end of each year for 5 years. How
    6·1 answer
  • An investment has the following characteristics: ATIRRP: After-tax IRR on total investment in the property: 9.0% BTIRRE: Before-
    6·1 answer
  • 2. Your company has to liquidate some equipment that is being replaced. The original cost of the equipment is $100,000. The firm
    11·1 answer
  • The Chilean coup of 1973 was one of many instances in which the United States became engaged in regime change. They practiced __
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!