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3 years ago

Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices

Business

1 answer:

Dominik [7]3 years ago

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Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

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The three primary reasons startups need funding are _____.

Ierofanga [76]

The three key reasons startups require funding are attorney fees, capital investments, and marketing research.

<h3>What is a Start-up?</h3>

A startup is a company that is still in its initial stage of operation. The initial stages of operation require significant investment in attorney fees, Capital investment, and marketing research.

In most cases, a startup is created by one or more entrepreneurs who have a vision or a goal to solve a business problem.

Learn more about Start-ups at:
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2 years ago

9. Emil Motycka is considered an entrepreneur because

Nataliya [291]

Answer:

he started and managed a business.

Explanation:

Entrepreneur is the person who is willing to take risk by putting his capital to create and operates business.

Emily Motycka gained his fame because he started and managed a business at 13. He created Motycka Enterprises , a company that offers lawn mowing services to the suburban houses.

By the time he entered high school, he already earned a 6 figure income, while most people only able to get that type of earning in their 30s.

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3 years ago

While the four Ps help us remember the basics components of the __________, they don't have significant relevance in the marketi

Paul [167]

Answer:

Marketing mix.

Explanation:

The said term is said to be an inclusion of certain multiple areas of focus as a vital body used to explain a comprehensive marketing plan. It clearly points to a certain classifications which are common that began as the four Ps which has the inclusion of factors like product, price, placement, and promotion. All these factors are of the marketing mix and are known to influence each other. They make up the business plan for a company and handled right, can give it great success. It is of great value too because of its help in focusing on a marketing mix helps organizations make strategic decisions when launching new products or revising existing products.

7 0

3 years ago

______ is a structured program in which a high-potential trainee is groomed for a management position through a carefully design

vitfil [10]

Answer:

Management training program.

Explanation:

Management training program is a structured program in which a high-potential trainee is groomed for a management position through a carefully designed sequence of short-term job transfers and rotations, gaining experience with various parts of the business, often with increasing levels of challenge and responsibility.

Basically, it is a structured program which is typically designed and focused on improving a high-potential trainee's skills such as communication, listening, empathy, oratory abilities, etc, in order to make them to be more productive, valuable, an effective leader, and leverage on new opportunities that would help the organization achieve success in their set goals and objectives, as well as enhance their competitive advantage over rivals in the industry.

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4 years ago

Compute net income for 2019 by comparing total equity amounts for these two years and using the following information: During 20

marishachu [46]

Answer:

net income during 2019 = $109,045

Explanation:

total stockholder equity 2018 = assets - liabilities = $293,500 - $79,245 = $214,255

total stockholder equity 2019 = assets - liabilities = $497,512 - $177,212 = $320,300

change in equity from 2018 to 2019 = $106,045

$33,000 can be explained by additional capital invested, and the remaining $73,045 corresponds to change in retained earnings

change in retained earnings = net income - dividends distributed

$73,045 = net income - $36,000

net income = $109,045

3 0

3 years ago