Besides lowering the price, Jackie can improve contribution margin by ensuring that:
- Quality remains the same or better
- the company leverages social media marketing which is cheaper than conventional marketing and is better targeted.
<h3>What does price reduction do?</h3>
Price reduction (if all other factors remain constant) helps to drive up demand. This is consistent with the Law of Demand in basic Economics.
If Jackie is trying to drive up profit margin, they must thus consider the options given above.
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Answer:
Market research.
Explanation:
When you ask questions like this, you are providing an example of market research.
If an offeree dispatches both an acceptance and a rejection to an offer
(d) WHICHEVER RESPONSE REACHES THE OFFEROR FIRST WILL DETERMINE WHETHER A CONTRACT IS CREATED.
In such case, if the acceptance reaches the offeror first then a contract can be created. Thus, it totally depends on what reaches the offeror first. Any offer made by head of an organization can be accepted or rejected and there are business laws for this.
Answer:
3.05
Explanation:
The computer consulting firm is analyzing the performance of its company based on new clients each month. The data is given for six months and the probability distribution for number of new clients per month that the company has gained. The probability sum equals to 1 for the six months. The variance distribution is the squared value of each the difference by the mean. values of probability are squared and then their sum is taken to calculate variance deviation.
Answer:
True
Explanation:
The reason is that hard copies are mostly authentic and are attested from the third party which increases the weight of the information. The registeration of cars and other expensive items are registered with their relevant authorities and those authorities issue paper of ownership to the owners which carry more weight.
