Answer:
The management should adopt skimming pricing strategy.
Explanation:
For the fact that this is a new technology and very difficult to be copied, the management should adopt skimming pricing strategy. This will allow them to charge high prices and make money in the market before their competitors starts making the same kind of washing machine. This product has benefits for the consumers as well as it consumes less water to clean the clothes so there is high probability of this machine is accepted even if the prices are exorbitantly higher and from this, its going to be demanded by many costomers.
Answer:
The nominal interest rate which the bank will offer is of 10.24%
Explanation:
according to Irwin formula the bank will charge a nominal rate that ensures a real rate of 6% thus:
1.06*1.04-1 = 0.1024 = 10.24%
Answer:
Multidomestic
Explanation:
Multidomestic marketing strategy is one where a company modifies it's products to meet the local needs of the country in which it is located. For example introducing a particular flavor of a drink that is well accepted in a country.
Companies that practice multidomestic strategy tend to have many differentiated products to serve different countries.
In this instance Disney featured recipes that were revised for local tastes, alcoholic beverages (not permitted in previous parks), and increased outdoor seating.
Answer:
A list of graduation dates
A list of beginning and ending dates of employment
A card with any vital statistics that are not on your résumé
Explanation:
When providing additional information in the recruitment process, accurate and relevant information shows you are professional and have good communication skills. Making your chances of landing the job better.
Relevant information includes accurate dates of graduation and previous employment. Ensure these records are consistent accross all documents presented. Disparity will be perceived as lack of transparency.
Also a card with vital statistics not on your resume should be prepared. These can include achievements in past job roles. For example: I introduced a software that automated inquiry process and reduced cost by 30%.
Answer:
Decrease price and affect the equilibrium quantity in an indeterminate way.
Explanation:
When there is a fall in the demand for a particular product then as a result there is a leftward shift in the demand curve for this product. On the other hand, if there is an increase in the supply of a product then as a result there is a rightward shift in the supply curve of this product.
Hence, there is a fall in the equilibrium price level and the effect on equilibrium quantity is indeterminate because we don't know the magnitude of the shifts of demand and supply curve.
