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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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Which of the following would cause an increase in a country's aggregate demand?
Leona [35]
<span>b) The nominal interest rate falls as the country's price level falls.
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3 0
3 years ago
Inventory turnover is calculated as _____. a) cost of merchandise sold divided by inventory b) cost of merchandise sold divided
Molodets [167]

Answer:

B) cost of merchandise sold divided by average inventory.

Explanation:

Inventory turnover: It is a liquidity ratio that measures the number of times on average a company sold or replaced its inventory during the period. Computed as the cost of goods sold / by the average inventory on hand during the period. Analysts compute average inventory from the beginning and ending inventory balances. The ideal inventory turnover ratio is about 4 to 6, it is a rate at which restock item is well balanced with the sold inventory.

7 0
3 years ago
On December 1, 2020, Swifty Corporation purchased a tract of land as a factory site for $770000. The old building on the propert
seropon [69]

Answer:

the amount reported as land is $858,400

Explanation:

The computation of the amount reported as land is shown below;

= Purchase cost + raze old building cost + ownership cost + title guarantee cost - Proceeds from sale of salvaged materials

= $770,000 + $69,000 + $9,900 + $16,400 - $6,900

= $858,400

hence, the amount reported as land is $858,400

The same would be considered

6 0
3 years ago
Carlos Landry finds he has less and less energy to go to work each day. On average he misses two days a week. Carlos may be suff
Zarrin [17]

Answer:

C. Job specialization

Explanation:

Employees boredom is one of the disadvantages of job specialization

Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.

Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.

When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.

Advantages of job specialization

• Workers produce more when they occupy a specific role.

• Job specialization leads to time saving in production because employees have become masters in their role

• More expertise is developed through job specialization

Disadvantages of job specialization

• Continuous performance of a particular role might lead to boredom of the employee

• There is fear of job security for the workers. They often wonder what will happen if a firm finds a replacement for them.

7 0
3 years ago
Generally, a high ___________ ratio could lead investors and creditors to view the company as being very risky debt to owners' e
Ipatiy [6.2K]

High <u>debt to owner's equity ratio. </u>

This is total liabilities divided by total assets and shows a company's financial leverage, also known as their ability to handle current and future financial obligations.

6 0
3 years ago
Read 2 more answers
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