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vaieri [72.5K]
3 years ago
5

In preparation for introducing a new doll to the market, a toy company advertises and creates so much demand that little girls a

re lined up at the stores, determined to be the first to own one. The toy company sells these first dolls at twice their actual retail value. This is an example of ______.
Business
1 answer:
maxonik [38]3 years ago
3 0

Answer:

Price Skimming

Explanation:

Price skimming is one kind of price-setting strategy where marketers set a relatively higher price when the product launch initially in the market. Generally, the producer sets a higher price rather than it should prevail in the market, and later on, the price goes down due to lower demand. Price skimming strategy only applicable to a new product that is about to launch in the market. It is generally done by fancy advertising of the product.

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Harris Brown, the marketing manager at a small retail chain, wants to assess his firm's strengths, opportunities, weaknesses, an
evablogger [386]

Answer:

SWOT analysis.

Explanation:

SWOT analysis is also called the SWOT matrix and is strategic planning used by organisations to identify strengths weaknesses, opportunity, and threats while carrying out business in a competitive environment.

SWOT analysis is designed in such a way that it is most effective at the preliminary stage of planning a business strategy.

It is primarily used to set organisation objectives and to identify internal and external factors that will influence the set objectives.

3 0
3 years ago
Is the externality positive or negative? Explain. Identify the socially optimum output. Explain how you determined your answer.
tankabanditka [31]

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4 0
2 years ago
Art likes to invest his spare cash in the stock market. In the past, he has focused on growth stocks and long-term value to take
atroni [7]

Answer:

Explanation:

a

8 0
3 years ago
Brenda says her assets are definitely greater than her liabilities. which explains whether brenda is correct? brenda is correct
yuradex [85]

Brenda is not correct because the total value of her assets could be less than the liabilities.

<h3>What are liabilities?</h3>

A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.

Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.

Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.

An obligation between two parties that has not yet been fulfilled or paid for is generally referred to as a liability.

Learn more about liabilities

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3 0
1 year ago
17. Which activities are associated with the acquisition and disposal of long-term assets (for example the purchase of equipment
valina [46]

Answer:

B) Investing Activities

Explanation:

Investing activities deal with cash transactions involving movement of items of Property, Plant and Equipment. These transactions include purchase costs and sale proceeds of assets.

8 0
3 years ago
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