Once the root causes of performance gaps have been discovered, it is necessary to: ___________

Firms such as IKEA and The Home Depot are known for their use of __________ because they set reasonably low prices but still off

Maslowich

Answer:

b. value-based pricing

Explanation:

Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.

In the question mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.

7 0

2 years ago

Read 2 more answers

An upward-sloping labor supply curve implies that Group of answer choices a firm can always hire more workers, even without incr

Crank

Answer:

more workers are willing to work as the market wage increases.

Explanation:

IF the labour supply curve is upward sloping, its that means there is a positive relationship between wages and labour supply. The higher the wages, the higher the number of workers willing to work. The lower the wages, the lower the number of workers willing to work

Please check the attached image for a upward sloping labour supply curve

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3 years ago

Mentor Graphics Corporation, a supplier of electronic design automation systems, just announced its second quarter results. Acco

saveliy_v [14]

Answer:

1. Which of the excluded items represent ongoing costs of running the business and which are one-time "special" costs?

it depends on the company and the actual transactions, e.g. equity based compensation might be a one time special cost because it occurred only once and is doubtful that it happens again. But if the company regularly rewards its top managers with this type of compensation, then it is an ongoing cost. E.g. Tesla awarded a HHHHUUUUUUGGGGGGGEEEEEEE bonus to Elon Musk (worth hundreds of millions) but it was a one time event. While many companies use equity compensation on a regular basis.

Severance and related employee "rebalancing" costs generally take place when a company fires a lot of people because it is cutting down some division or product line. Hopefully, they should never happen, and if they do, it should be only a one time event.

Fees paid to consultants and interest expenses are ongoing costs that will probably occur in the future.

Losses related to the abandonment of excess facility space and a facility fire should be one time events. It would be really bad for them to keep happening (same as severance and rebalancing costs)

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2 years ago

The following information is available for Mint Corporation:

Wewaii [24]

Answer:

A. Total paid-in capital $2,900,000

B. Total stockholders' equity $3,650,000

Explanation:

A. Calculation to determine the Total paid-in capital

Total paid-in capital = ($1,500,000 + $200,000 + $750,000 + $450,000)

Total paid-in capital = $2,900,000

Therefore Total paid-in capital will be $2,900,000

B. Calculation to determine the Total stockholders' equity

Total stockholders' equity = ($2,900,000 + $800,000 – $50,000

Total stockholders' equity = $3,650,000

Therefore Total stockholders' equity will be $3,650,000

3 0

2 years ago

"which term refers to a sponsoring entity's promotion of sponsorship?"

gizmo_the_mogwai [7]

Which term refers to a sponsoring entity's promotion of sponsorship? Activation strategies. When you have activation strategies, these are typically found in corporate sponsorship. Since you are marketing and promoting yourself at "causes" or events, you need to make sure you are identifying your target market and sponsoring at events that teach your market.

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3 years ago

Once the root causes of performance gaps have been discovered, it is necessary to: ____________