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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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rodikova [14]

Answer:

advanced education

Explanation:

just got it right on edge 2020

4 0
2 years ago
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What is one example of a planned economy?
Daniel [21]

Answer:

socialist economy

Explanation:

A planned economy is a system where the government or the central authority makes all major economic decisions. The government decides on the type and quantities of goods to produce and for whom to produce. In the planned economy, factors of production belong to the government. Manufacture of goods and services is motivated by service to the community, not profits.

A socialist economy is a good example of a planned economy. Just like in a planned economy, a socialist economy is characterized by heavy government involvement. The state controls the factors of production. Public service is the reason for economic production, while consumers do not have the liberty to choose products.

6 0
3 years ago
As a new leader you have decided to apply the path-goal theory in managing your staff. one of the two important personal charact
Anton [14]

A subordinate should have the ability to manage the organization's workforce as a leader. The subordinates' impression of their talents is an important personal quality.

<h3>What is the path-goal leadership theory?</h3>

According to the path-goal theory, a leader's conduct is influenced by their employees' satisfaction, motivation, and performance. The manager's task is considered as improving employees ’ performance in choosing the best pathways to achieve both their own and the company's goal.

  • Inclusive leaders,
  • follower traits,
  • task characteristics, and
  • motivation is all aspects of the path-goal theory

As a result, the two most important personal characteristics of subordinates in the theory. for example locus of control and abilities perception.

Learn more about Path goal theory:

brainly.com/question/17018511

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6 0
1 year ago
(Scenario 4-2: Production of Wheat and Toys) Given the information provided, one can determine that Country A has an absolute ad
Arte-miy333 [17]

Answer:

wheat, wheat

Explanation:

In the field of economics, absolute advantage may be defined as the ability of a producer to produce a particular goods or services at large amount or quantity at the same price or the same quantity at a very low price as compared to other producers. It means producing goods efficiently.

Whereas a comparative advantage of a product is defined as the ability of a producer to produce more goods and and consumes less of it at a lower opportunity cost when compared to its competitors.

Thus in the context, Country A has both an absolute advantage as well as comparative advantage in production of wheat.

4 0
3 years ago
You have a neighbor, Mr. Peterson, who comes to you for advice. He owns a fish and chips restaurant, "The Codfather, LLC" which
Vladimir [108]

The first advice I would give Mr. Peterson would be to formalize the transfer. So the first step in this situation would be to contact a good lawyer to see if the transfer of business to your child would be authorized. This is because the transfer of LLCs has rules that may differ from one location to another.

7 0
3 years ago
Read 2 more answers
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