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yan [13]
3 years ago
9

What is penetration pricing?

Business
1 answer:
Setler [38]3 years ago
8 0

Answer:

A. The approach of lowering prices temporarily to gain market share

Explanation:

Penetration pricing is a strategy that marketers use to quickly gains market share of a new product. The strategy involves lowering the price of new products to woe customers to buy. The lowering of the price is temporary. Marketers use this strategy to introduce a product as a pocket-friendly alternative.

Penetration pricing is used where a product will be in competition with other existing brands. After the product has gain market share,  marketers may increase the price to make profits.

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A two-year college is often the best choice for students who need additional training or time to explore career options.
coldgirl [10]
True I think okay don't judge me:(
5 0
3 years ago
The objectives of U.S. monetary policy are to achieve​ ______.
SSSSS [86.1K]

Answer:

A. maximum employment and stable prices

Explanation:

The Fed has various roles. Among its key objectives is to monitor the economy to ensure maximum sustainable economic growth. To achieve this growth, the Fed uses different monetary tools to regulate inflation and influence unemployment levels.

The Fed receives economic data from other government agencies that help it determine the appropriate cause of action. For example, if the bureau of labor statistics reports a high level of unemployment, it could mean the economy is slowing down. The Fed then applies expansionary policies to stimulate growth.  If inflation is low or very high, it affects price stability. The Fed has tools to regulate inflation.

4 0
3 years ago
Not more than hundred (100) words describe the nature of Ethics as a core branch of Philosophy.
kumpel [21]

Ethics is the branch of philosophy that explores the nature of moral virtue and evaluates human actions. Philosophical ethics differs from legal, religious, cultural and personal approaches to ethics by seeking to conduct the study of morality through a rational, secular outlook that is grounded in notions of human happiness or well-being. A major advantage of a philosophical approach to ethics is that it avoids the authoritarian basis of law and religion as well as the subjectivity, arbitrariness and irrationality that may characterize cultural or totally personal moral views. (Although some thinkers differentiate between "ethics," "morals," "ethical" and "moral,")





4 0
3 years ago
On August 5, 2021, Wildhorse Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining s
elixir [45]

Answer:

$6,150

Explanation:

Calculation to determine what The total profit on units sold for the consignor is

Total profit=[ (20)×($820 - $320 )] - (20 × $820)(.05) - $1,710 - $570 - $750

Total profit=(20*$500)-($16,400*.05)-$1,710-$570-750

Total profit=$10,000-$820-$1,710-$570-750

Total profit=$6,150

Therefore The total profit on units sold for the consignor is $6,150

8 0
2 years ago
Absent any exaggeration, supply chain professionals could boast how crucial their role is in satisfying B2B and B2C customers al
const2013 [10]

Answer:

True, but it applies to everyone in the organization.

Explanation:

Modern companies can only be successful if every single employee works as a team member, since competition keeps increasing and customers' expectations keep rising.

Every single role within an organization is important. Can supply chain professionals distribute a product that doesn't exist (wasn't manufactured on time)? Could they distribute a product that no one wants to buy (marketing and sales are extremely important also)? Could anyone work if the finance department couldn't do its job and there was no money in the company?

We tend to believe that what we do is extremely important and difficult to do, and other people have it easier because their are simpler than ours. But that is just nonsense. Once I heard a quarterback talking about who was the most important player in a football team, and his answer really surprised me, "Quarterbacks fill stadiums, but defenses earn championships". On a team no one is more important, the chain breaks on its weakest link.  

7 0
3 years ago
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