All categories

2 years ago

Common approaches to pricing are oriented around which four elements?

1 answer:

7 0

Profit, Competition, Cost and Demand are the element which the approaches for pricing fixing are oriented around.

Pricing refers to the process of determining the value that a producer will receive in the exchange of services and goods produced with final consumers or middle men.

The aim of generating profit is one of the element considered for price fixing.

Competition levels with other companies in the industry will influence price fixing because consumers pocket have to be considered.

Level of Cost incurred during production of the goods and services also play a great role in price fixing.

Demand from the market also influence price setting on a product.

Read more on this here

brainly.com/question/15398134

You might be interested in

Yolo I'm alone. And need help. Cuz I'm broke.

lawyer [7]

Answer:

I can't but I give the best of wishes on getting $15 on Nitro type

8 0

2 years ago

An employee in charge of collecting tickets at the entrance of a movie theatre lets her friends enter the theatre without paying

Nadusha1986 [10]

The type of rationalization made by the employee is based on other employee are doing it.

Rationalization refers to when individual attempt to justify a behavior with logical reasons even though those reason are not appropriate.

Here, the employee does rationalize giving free entry to her friend because other employee gives free popcorn to their friends.

Hence, the type of rationalization made by the employee is based on other employee are doing it.

Read more about this here

brainly.com/question/17246519

8 0

2 years ago

At december 31, gill co. reported accounts receivable of $244,000 and an allowance for uncollectible accounts of $1,350 (credit)

konstantin123 [22]

Given:
accounts receivable of $244,000
allowance for uncollectible accounts of $1,350 (credit)

1% of the accounts receivable should be the value of the allowance for uncollectible accounts.

244,000 x 1% = 2,440

2,440 - 1,350 = 1,090

Adjusting entry:
Debit Credit
Bad Debt Expense 1,090
Allowance for uncollectible accounts 1,090

4 0

3 years ago

If GDP is expected to increase at a steady rate of 3% per year, how many years would it take for living standards to double

Troyanec [42]

Answer:

24 years

Explanation:

In a situation where a country GDP which is fully known as GROSS DOMESTIC PRODUCT was been expected to increase or grow at a rate of 3% per year or per annual which means that it will actually takes up to 24 years for a country economy living standard to double .

Therefore the numbers of years it would take for a country living standards to double will be 23 years.

5 0

2 years ago

You’re a broker writing an mls policy for your firm. which would you likely want to include?

Svetradugi [14.3K]

You’re a broker writing an MLS policy for your firm. When and if listing data should be submitted to you for approval, want to include it.

Some listing services offer more exposure to resellers and more options for agents to represent buyers. In return, both brokers receive a sales commission.MLS regulations permit MLS data to be made available to MLS on additional Her websites unless otherwise directed by MLS's administrator.

MLS enables agents and brokers within a particular market to exchange information about real estate listings. It's useful for home sellers because it helps expose properties to a wider audience.

Learn more about data here: brainly.com/question/24309209

#SPJ4

5 0

1 year ago