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harina [27]
3 years ago
11

Yield management pricing is ______. Multiple choice question. setting a price a few cents or a few dollars below an even number

to increase demand setting a high price so that quality- or status-conscious consumers will be attracted to the product and buy it a complex approach that continually matches demand and supply to customize the price for a service estimating the price a consumer would pay for a product, and working backward with anticipated markups to set the price for wholesalers
Business
1 answer:
charle [14.2K]3 years ago
8 0

Answer:

a complex approach that continually matches demand and supply to customize the price for a service.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

One of the importance associated with the pricing of products is that, it improves the image of a business firm.

Yield management pricing is a complex approach that continually matches demand and supply to customize the price for a service. It is commonly used by businesses that are typically involved in tourism, hospitality, and airline services.

You might be interested in
Please I need help on this Question! 10 POINTS***
poizon [28]

Answer:

I would say answer number 3. Debit cards access money in your account and credit cards are like a loan.

Explanation:

My reasoning for this is debit card you have the amount you put on it no more and no less. With credit cards you can use money that you do not have and you can pay it back later.

5 0
2 years ago
Companies generate income from their "regular" operations and from other sources like interest earned on the securities they hol
SCORPION-xisa [38]

Answer:

$4,250

Explanation:

The computation of the operating income or EBIT is shown below:

Earning before interest and taxes = Sales reported - operating cost  other than depreciation - depreciation expense

= $12,500 - $7,250 - $1,000

= $4,250

We simply deduct the operating cost and the depreciation expense from the sales reported to arrive the earning before interest and taxes

All other information which is given in the question is not relevant. hence, ignored it

6 0
3 years ago
Firms that practice value-based marketing typically use a process known as ______, which includes a set of strategies, programs,
AfilCa [17]

Answer:

customer relationship management

Explanation:

Companies that successfully implement customer relationship management (CRM) should be able to customize the services and products that they offer to their customers. The company should be able to develop a good relationship with its customers and increase the exchange of information and feedback. This can help the company provide customized services that better satisfy the needs and wants of its customers.

8 0
2 years ago
Keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financia
yuradex [85]

Considering the situation described above, to determine who should receive his memo, Keitaro would need to consult "<u>Organization Charts</u>."

This is because an <u>Organization Chart</u> is a pictorial representation that shows the structure of an organization.

It usually depicts those or the top ranks at the top, while the lower ranks are placed accordingly.

It also shows the relationships and positions or jobs of the ranks or individuals presented on the organization charts.

Organization charts is often referred to as organogram.

Hence, in this case, it is concluded that the correct answer is option A. "<u>organization chart</u>."

Learn more here: brainly.com/question/2920544

6 0
2 years ago
Page Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this pric
IrinaK [193]

Answer:

Coupon rate is 5.17%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Assuming Face value of the bond is $1,000

Face value = F = $1,000

Selling price = P = $948

Number of payment = n = 9 years

Bond Yield = 5.9%

The coupon rate can be calculated using following formula

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

5.9% = [ C + ( $1,000 - $948 ) / 9 ] / [ ( $1,000 + $948 ) / 2 ]

5.9% = [ C + $5.78 ] / $974

5.9% x $974 = C + $5.78

$57.466 = C + $5.78

C = $57.466 - $5.78 = $51.686

Coupon rate = $51.686 / $1,000 = 0.051686 = 5.17%

4 0
3 years ago
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