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bekas [8.4K]
3 years ago
15

Many firms pursuing a(n) ____ pricing strategy on an international scale will price low worldwide in attempting to build global

sales volume as rapidly as possible, even if this means taking large losses initially.
a. multipoint
b. experience curve
c. predatory
d. competitive
Business
1 answer:
aniked [119]3 years ago
5 0

Answer:

b. experience curve

Explanation:

The Experience curve is the curve that shows the representation of the opposite relationship that lies between the total value added and the cost that company experience in the manufacturing and marketing

Therefore as per the given options the option B is correct as it fits to the current situation

Hence, the correct option is b.

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Chuck applied for a job as a car salesman. During the process, Chuck had to submit to a background check as well as a credit che
Ostrovityanka [42]

Answer:

The answer is The Fair Credit Reporting Act of 1970 (FCRA).

Explanation:

The Fair Credit Reporting Act of 1970 (FCRA) is a federal legislation designed to promote fair, accurate, and private background checks and sets national standards for employment screenings. Therefore, any employees can be safe and comfortable to have background and credit checks under the act.

5 0
4 years ago
Read 2 more answers
A ________ identifies the target market, the merchandise and services (retail format) that will be offered, and how the company
kkurt [141]

A <u>retail strategy</u><u> i</u>dentifies the target market, the merchandise and services (retail format) that will be offered, and how the company will achieve a long-term advantage over its competitors.

A retail strategy is a technique you operate to increase your products or services and promote them to customers. There are a couple of elements to this plan, consisting of the region, shop, products/assortment, visual merchandising, a team of workers, carrier, mass media and communications, and fee.

Normally while we go to a retail store, just earlier than the billing counter, we see merchandise like gums, sweets, and different products with smaller SKUs that may simply be picked whilst the consumer is ready on the billing counter.

The retail strategy is a part of a strategic advertising and marketing plan that attracts or reaches consumers at once. It consists of product pricing/reductions, fee structure, promotional schemes, product overall performance demonstration, and fee structure for shops.

Learn more about retail strategy here brainly.com/question/15850455

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5 0
1 year ago
Medusa Products uses a job-order costing system. Overhead costs are applied to jobs on the basis of machine-hours. At the beginn
goblinko [34]

Answer:

1. $2.50

2. $8,855.00

Explanation:

1. The computation of the company's predetermined overhead rate is shown below:-

1. Predetermined Application rate = Manufacturing overhead costs ÷ Machine hours

= $215,000 ÷ 86,000

= $2.50

2. The computation of the amount of underapplied or overapplied overhead for the year is shown below:-

Actual application  = Manufacturing overhead costs ÷ Machine hours

= $210,000 ÷ 80,500

= 2.61

Now the under absrobed is

= 2.61 - 2.50

= 0.11

Now the under overhead is

= 80,500 × 0.11

= $8,855.00

8 0
3 years ago
Karl runs a store that sells small and large space heaters. The large heaters sell for $250 each with unit variable costs of $12
umka2103 [35]

Answer: Karl must sell 1350 small heaters and 450 large heaters to break even.

We follow these steps to arrive at the answer:

No.                                               Small Large     Total

1 Selling Price per unit                     80  250  

2 Variable Cost per unit                  30   120  

3 Number of units sold              2100   700       2800

4 Sales mix                                  3      1  

5 Total sales (1*3)                  168000   175000  

6 Total Variable Cost (2*3)   63000    84000  

7 Contribution Margin (5-6)  105000     91000      196000

Next we compute the Weighted Average Contribution Margin as follows:

\mathbf{WACM per unit = \frac{Total Contribution Margin}{Total number of units sold}}

\mathbf{WACM per unit= \frac{196000}{2800} = 70}

Now, Break even point (BEP) is computed as

\mathbf{BEP = \frac{Total Fixed Costs}{WACM per unit}}

\mathbf{BEP = \frac{126000}{70} = 1800 units}

Since the large and small heaters are sold in the 3:1 ratio, we can find the number of large and small heaters to be sold in order to achieve the break even point at 1800 units.

No. of small heaters = BEP * \frac{3}{4}

No. of small heaters = 1800 * \frac{3}{4} = 1350 units

No. of large heaters = BEP * \frac{1}{4}

No. of large heaters = 1800 * \frac{1}{4} = 450 units



3 0
3 years ago
Suppose there is a policy debate regarding the United States’ imposing trade restrictions on imported steel rods.
AlekseyPX

Jobs argument justifications is the pundit using to argue for the trade restriction on steel rods

Explanation:

A main argument often put forward to curb trade would be that trade decreases the amount of jobs domestically available.

The point about maintaining jobs is often put forward by employers to protect union jobs. Nevertheless, unions are undermining the market by prohibiting businesses from receiving their products at lower prices, causing them to increase prices. Moreover, businesses are often discouraged from using automation or robotics to retain jobs, which is ironic because automation and robotics improve the productivity of workers, thereby encouraging companies to pay employee salaries and benefits.

8 0
3 years ago
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