1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nikitich [7]
2 years ago
13

Explain about New product pricing strategy

Business
1 answer:
Vanyuwa [196]2 years ago
7 0

The first new product pricing strategies is called price-skimming. It is also referred to as market-skimming pricing. Price-skimming (or market-skimming) calls for setting a high price for a new product to skim maximum revenues layer by layer from those segments willing to pay the high price.

CORRECT ME IF IM WRONG

HOPE IT HELPS:)

You might be interested in
You need to resolve a disagreement between two subordinates who want to take their vacation at the same time, but you need one o
BigorU [14]

You need to send email and schedule a meeting to handle this disagreement.

<h3><u>How to handle such disagreements ?</u></h3>
  • In the business sector, conflict resolution is essential since it helps to distinguish between excellent and poor companies. What procedures should you use as a business owner to resolve a dispute?
  • The points you can follow are:
  • 1. Identify the conflict's root cause.
  • 2. Go somewhere private and safe to discuss.
  • 3. Actively listen to what everyone has to say.
  • 4. Examine the problem.
  • 5. Find solutions to achieve the shared objective.
  • 6. Determine the appropriate course of action and the roles that each party must play in the resolution.
  • 7. Assess the situation and determine future preventive measures.
  • Everyday conflict is a part of life. With your family, friends, or coworkers, you may disagree. However, there are a number of dispute resolution techniques you may use to make sure this problem is insurmountable.
  • The achievement of corporate goals depends on managing and resolving conflict at work. Therefore, if there are any issues or conflicts between your employers, search for the best approaches to handle the matter.

To view similar question on handling disagreement, refer to:

brainly.com/question/12752561

#SPJ4

3 0
2 years ago
Michael Jordan purchases (long) 10 shares of XYZ stock for 23.00 per share. Six months from now he will sell all 10 shares. The
melamori03 [73]

Answer:

a) Breakeven price = Purchase price + Interest amount that would have been earned on the invested amount

Breakeven price = 23 + [23*e^(0.05*1/2) - 23]

Breakeven price = 23 + 0.5822477721

Breakeven price = $23.5822477721

b) Profit = Selling price - Breakeven price

Profit = $23.80 - $23.5822477721

Profit = $0.2177522279 per share

3 0
3 years ago
Marlon wants to save money over a long period of time. He does not need to have easy access to the money, and he is worried abou
Svetlanka [38]

Answer:

A. Bonds.

Explanation:

I majored in Business

3 0
3 years ago
Banks notes during the 1800's
stiv31 [10]
I think it is A-fiat money
5 0
3 years ago
Read 2 more answers
a tractor at a cost of "$540,000". The tractor has an estimated salvage value of $60,000 and an estimated life of 8 years, or 12
natulia [17]

Answer:

$60,000

Explanation:

The computation of the depreciation expense using the straight line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($540,000 - $60,000) ÷ (8 years)

= ($480,000) ÷ (8 years)  

= $60,000

In this method, the depreciation is the same for all the remaining useful life

We simply used the above formula

8 0
4 years ago
Other questions:
  • Kim was a part of a team with a big project deadline. to get the job done, he assumed a leadership role. this type of leadership
    14·1 answer
  • Ross Electronics has one product in its ending inventory. Per unit data consist of the following: cost, $36; selling price, $48;
    5·2 answers
  • The production function of a restaurant includes items such as labor (i.e., cooks, waiters, a manager), capital (i.e., ovens, co
    5·1 answer
  • In a remote valley, two businesses share a waterway. Tom's Tomato Farm pumps water from a river and uses it to irrigate its fiel
    11·1 answer
  • A futures contract on corn that matures exactly 6 months from now is trading at $3.32 per bushel. The spot price of corn is $3.2
    12·1 answer
  • The aggregate demand curve shows the relationship between inflation the price level the money supply interest rates and producti
    6·1 answer
  • Choose the correct statement(s) below regarding A. the direct write-off method for calculating bad debt expense. B. It is not no
    14·1 answer
  • Rita notices her credit score has gone down. She most likely ________.
    15·2 answers
  • During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as f
    6·1 answer
  • Compute the charitable contribution deduction (ignoring the percentage limitation) for each of the following C corporations. a.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!