Answer:
<u>Reference Pricing</u>
Explanation:
Reference pricing strategy refers to a pricing mechanism whereby the products are priced slightly lower than competitor's products.
When such a pricing strategy is followed, the store owners provide heavy discounts to the buyers to encourage sales.
In the given case, the store deals in discounted furniture. Bella displayed manufacturer's suggested retail price so as to let buyers know of the savings they shall make upon purchase.
Such pricing of goods at a heavy discount thereby showing savings, indicates reference pricing strategy being followed.
Answer:
D
Explanation:
Those that have access to managerial accounting information are known as internal users of accounting information. They include :
- managers
- owner
- employees
Those that do not have access to managerial accounting information are known as external users of accounting information. They include :
a. bankers.
b. investors.
c. regulatory bodies
Answer:
Yes Mason has recourse
Explanation:
In this scenario Mason bought a rotisserie that did not work as expected. That is it did not rotate as it should thereby causing burning of the chicken.
Even is the seller of the rotisserie did not give a warranty to cover the product, there is an implied warranty that covers the use of goods.
Implied warranty is the minimum requirement expected from the use of a product. For example a.television is expected to come on when in use..
So Mason has a recourse because he is covered by implied warranty.
<span>The importance of making positive first impressions in your first
few interactions with a new boss is best portrayed by the research on the
belief perseverance phenomenon, where it was found that
when they have formed an opinion or belief about something or someone, </span><span>people tend to cling to their even in the face of
credible contrary evidence.</span>
Answer:
1 $32.17
Explanation:
The computation of the minimum price the product should sold is shown below:
Min price = Production cost + period cost + overhead cost
= $21.45 + $10.725
= $32.175
The period cost and the overhead cost is the half of the total production cost and we considered the same
We simply added the production cost, period cost and the overhead cost so that the minimum price could come
