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
Travka [436]
3 years ago
13

Write the president (me) a memo explaining your reasoning and suggest a new pricing strategy. (You can decide what kind of busin

ess we’re in)
Business
1 answer:
slamgirl [31]3 years ago
8 0

Answer:

To: President

From: General Manager Finance

Subject : Pricing strategy for existing products

Date : 20th June 2021

As you are aware about the declining sales of our various products. The main reason identified by our sales and marketing analysts for the declining sales is over pricing of various products. There have been increase competition in the market and new entrants have adopted strategy of economies of scale which enable them to sell the product at low price and gain market share. There we need to cut our costs and then reduce our profit margin to boost sales of our products. We can be profitable from volume sales strategy.

If you need to discuss further on this matter, we can arrange a meeting with head of different department to discuss the business strategy in more detail.

You might be interested in
Upward and downward changes in aggregate economic activity, as measured by GDP, are called: Group of answer choices
8_murik_8 [283]

Upward and downward changes in aggregate economic activity, as measured by GDP, are called Business cycles.

<h3>What is  Business cycles?</h3>

Business cycles can be regarded as the  cyclical upswings as well as the downswings that is been used in in the  broad measures of economic activity.

Therefore, Business cycles is Upward and downward changes in aggregate economic activity, as measured by GDP.

Learn more about Business cycles at:

brainly.com/question/22560632

#SPJ1

4 0
1 year ago
Porter Incorporated issued $210,000 of 6 percent, 10-year, callable bonds on January 1, Year 1. The bonds were issued at their f
pshichka [43]

Answer:

Jan. 1

Dr Cash $210,000

Cr Bonds Payable $210,000

Dec. 31

Dr Loss on Bond Redemption $4,200

Bonds Payable $210,000

Cr Cash $214,200

Explanation:

Porter Incorporated Journal entries

Jan. 1

Dr Cash $210,000

Cr Bonds Payable $210,000

Dec. 31

Dr Loss on Bond Redemption $4,200

Bonds Payable $210,000

Cr Cash $214,200

(102%×$210,000=$214,200)

7 0
3 years ago
At Rolce Technologies, the core design team of 10 employees has daily "stand-up" meetings. All the core design team members gath
4vir4ik [10]

Answer: rituals

Explanation: Rites and rituals, which also include habits and ceremonies, together shape the culture of an organization. A ritual is a series of activities that involve actions, words and things, performed in a locked away position and executed in a fixed sequence.

For example, an employee can eat lunch in the shared lunchroom rather than their desk as a form of habit, or spend five minutes after each meeting debriefing the team about what they learned.

Hence from the above we can conclude that the correct option is D.

8 0
3 years ago
Why did Starbucks create the ‘Starbucks College Achievement Plan?’ How does it help the company make money and remain competitiv
Bumek [7]

Explanation:

I mean, everybody deserves to have an achievement plan. So why not make one from it?

7 0
3 years ago
Select the correct answer.
UkoKoshka [18]

Answer:

B. customer relationship management

5 0
2 years ago
Other questions:
  • The mean cost of a meal for two in a mid-range restaurant in Tokyo is $40 (Numbeo website, December 14, 2014). How do prices for
    12·1 answer
  • Based on the above table, which services-providing industry gained the most jobs between 1996 and 2006?
    5·2 answers
  • Is Faraj legally required to pay this additional amount in this case? Melissa Faraj owns a lot and wants to build a house accord
    9·1 answer
  • The ________ theory states that firms undertake foreign direct investment when the features of a particular location combine wit
    11·2 answers
  • What is anomie? What effects does it have?
    15·1 answer
  • Sunset Acres reported net income of $60 million. Included in that number were trademark amortization expense of $2 million and a
    14·1 answer
  • If the allowance method of accounting for uncollectible receivables is used, what general ledger account is debited to write off
    9·1 answer
  • If testing cannot be completed any earlier than four days after the prototype has been built, what type of lag exists?
    12·1 answer
  • Pick an organization (public or private) and then choose a particular type of COI that is associated with this type of organizat
    9·1 answer
  • Prior to June 1, Sandler Company had no treasury stock transactions. Then, on June 1, the company paid $5,000 to purchase 100 sh
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!