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krek1111 [17]
3 years ago
9

Which pricing policy would be best suited for a company that specializes in one unique product? Explain.

Business
1 answer:
lora16 [44]3 years ago
7 0

Answer:

A high-end pricing policy or premium pricing should be the best pricing strategy for a company that specializes in one unique product. The High-end pricing policy sets a high price for products. The objective is to create a perception that the product is of high quality.

Explanation:

Hopefully that helps! If you got any questions about my answer lmk!

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Hubert lives in San Diego and runs a business that sells guitars. In an average year, he receives $701,000 from selling guitars.
erica [24]

Answer:

Explicit costs are the monetary costs that a business incurs when it makes a payment, either in the form of wages, or taxes, or to manufacturers, etc.

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Frank, the owner of a local furniture store that has been in business for 75 years, is retiring. He is selling his store to a ne
Nady [450]

The correct answer would be option A, Frank should share the culture of the company through stories, rites, and rituals.

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Explanation:

Frank is in the furniture business for so long. Now he is retiring, and he wants his business to be persuaded successfully in the future as well. He is selling his store to people who have no roots in the community. He wants to share the secret of his success to the new owner.

So to make the new owner understand the secret of success, Frank should share the culture of the company by telling the new owner, stories, rites and rituals of the company which made his business successful.

Learn more about Business Strategies at:

brainly.com/question/3325483

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