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serious [3.7K]
3 years ago
6

Penny Bank, a discount store, is highly competitive. When entering a new market, Penny Bank often cuts prices so deeply that it

sells below costs, effectively pushing smaller retail stores with less purchasing power out of the market. In this case, Penny Bank is using ________. Group of answer choices cost-plus pricing market skimming deceptive pricing predatory pricing psychological pricing
Business
1 answer:
Mariulka [41]3 years ago
5 0

Answer:

predatory pricing

Explanation:

Based on the scenario being described within the question it can be said that in this case, Penny Bank is using predatory pricing. This is an approach to pricing in which a company lowers prices to really low levels in order to steal customers from their competitors and drive out the new competitors from the market, since they will not be able to match or sustain those low prices and will eventually go bankrupt.

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The petty cash imprest of A's business is unknown . the cash in hand of the petty cashier is Rs 3000 and the total expenses for
Nitella [24]
It is 300 because if if you multiply it and then divide it you’ll get ur answer
8 0
3 years ago
McLaughlin borrowed her roommate's car just to take her mother to the hospital. While delivering her mother at the hospital, McL
PolarNik [594]

Answer:

Ideally, the drunk driver who hit them while he was driving on the wrong lane is liable for the damages and not McLaughlin since he was sober and civil.

Explanation:

Liability for damages resulting from car accident usually falls on a negligent driver an din this case, McLaughlin is not the negligent one.

However, the situation is tricky here since he is not the owner of the car.

The majority of car accidents are caused by driver negligence, poor road conditions, or a problem or defect with one of the automobiles involved.

If his friend has a car insurance, that will cover for the damages as well.

And if the drunk driver finds a way to escape with a strong case, and in the absence of a car insurance, McLaughlin might be obligated to pay for the damages since the car was borrowed.

4 0
4 years ago
Which of the following describes a system in which suppliers deliver materials at the time they are needed and finished units ar
Elis [28]

Answer:

Letter C is correct. <u>Just in time management.</u>

Explanation:

The just in time management system corresponds to a system whose focus is the elimination of waste in organizational processes, so its fundamental principle is lean production according to demand, so that there is greater speed and there is no stock formation and so that the product reaches the consumer in the right place at the right time.

This management system is very advantageous because it promotes the continuous improvement of organizational processes, in addition to reducing losses resulting from waste, which generates several benefits for a company, such as increasing the speed of the production process and reducing inventory costs, which generates a positive consequence in the entire production chain.

8 0
3 years ago
"A(n) _____ allows companies to exchange information and conduct transactions by purposely providing outsiders with direct, pass
Masja [62]

Answer:

Extranet

Explanation:

Extranet, is the type or the kind of a network which is a private network and it uses the Internet technology and the system of public telecommunication, so that could secure the part of the business or an organization operations or the information with the suppliers, partners and vendors.

So, the extranet is the technology which allows the firm or organization to exchange the operations or information in order to perform the transactions purposely through providing the password.

7 0
4 years ago
What is the purpose of a report?
amm1812
<span>Reports communicate information which has been compiled as a result of research and analysis of data and of issues. So I think that variant B will be correct. What will be also useful for you is to be aware of the site where your report or a research paper may be written from the scratch or proofread. Check, please, Marvelous essay service. I am sure you can easily get the help there.  </span>
3 0
3 years ago
Read 2 more answers
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