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Amiraneli [1.4K]
3 years ago
11

George is ready to launch a designer tie collection under his own brand name. He now has to decide the right market price for hi

s product. What would be the most important factor for George to consider while deciding on the right market price?
Business
1 answer:
nevsk [136]3 years ago
7 0

Answer:

Cost would be most vital factor to be considered while deciding the market price of the product.

Explanation:

Cost is the factor which the business or the firm could not ignore or avoid, as the cost of the production or purchasing the product when it comes to setting or mounting the selling price.

And the business will fail, if it sells for less than the cost or if the profit margin is too low in order to cover the fixed costs associated with the business.

Therefore, the George need to consider the cost of making the tie, then in accordance with decide the market price of his product.

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Colby runs a start-up that sells seasonal holiday packages. He leads a team of 10 people. Every time his customers are happy wit
Westkost [7]

Answer:

bureaucratic control

Explanation:

Bureaucratic control is a management style that tries to control the behavior and performance of the employees through reward or price mechanisms.

In order to achieve its purpose, bureaucratic style managers use a system of standardized rules, processes and verification procedures.

3 0
3 years ago
A low inflation rate is preferred because...
mamaluj [8]

Answer:

the correct answer is  low inflation indicates steady growth

Explanation:

inflation can be explained as the increase in the general price level of a country over a specific period of time. this is an indicator of the rise in the price of the goods and services of a country and indirectly can show the standard of living, economic growth and the purchasing power of an economy.

Generally, the inflation is said to be in an healthier range when it is between 1% and 5%, it is regarded as good when it is below 10% and said to be unhealthy when it is over 10%.

when the inflation is low, the price levels rise systematically and gradually. this allows business and investors to predict the economy more accurately and preserves the purchasing power of the currency and money, which is good for both investments, national and international trade.

moreover, when the inflation is lower, the cost of capital financing remains low as well. and the real interest rates are higher too.

5 0
3 years ago
Denise has $13,424 in a savings account with the District 113 Teacher's Credit Union. While economic conditions have caused the
coldgirl [10]

Answer:

Explanation:

$120= the amount to pay for the shoe

$20 paid for the month

Balance to pay = $100

Then 3% interest rate on credit card = 3% of $100=$3

Therefore amount to pay = $3+$100=$103

7 0
2 years ago
List at least two tips for using credit wisely
PIT_PIT [208]
Pay your balance each month and keep a limit
5 0
2 years ago
Read 2 more answers
What is a significant part of the step of evaluating controls and determining which controls to implement?
Kisachek [45]

Answer:

"CBAs" would be the appropriate answer.

Explanation:

  • The CBAs system was intended to incorporate various business practices and knowledge across multiple security experts as well as provide a structured process to match application development policies and procedures with either the institution's threat analysis.  
  • As either a consequence, a structure is developed to enhance their safety infrastructure of business process development.
6 0
2 years ago
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