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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:)

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Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to oper
allochka39001 [22]

Answer:

The advertising department expense allocated to each department are as follows:

Books Dept = $11,748

Magazines Dept = $8,010

Newspapers Dept = $6,942

Totals advertising department expenses allocated = $26,700

The purchasing department expenses allocated to each department are as follows:

Books Dept = $20,081

Magazines Dept = $10,741

Newspapers Dept = $15,878

Total purchasing department expenses allocated = $46,700

Explanation:

Note: See the attached excel for the completed table used in allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments.

From the attached excel, the advertising department expense allocated to each department are as follows:

Books Dept = $11,748

Magazines Dept = $8,010

Newspapers Dept = $6,942

Totals advertising department expenses allocated = $26,700

From the attached excel, the purchasing department expenses allocated to each department are as follows:

Books Dept = $20,081

Magazines Dept = $10,741

Newspapers Dept = $15,878

Total purchasing department expenses allocated = $46,700

Download xlsx
7 0
3 years ago
What are trade offs.
Sophie [7]

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Smaller companies are moreLikely than larger companies to divide up tasks using a strategy
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Bigger companies are more known and have less space to mess up, as a smaller company not as known, are more likely to give up part of the company to other sharrers and i not played smart, could lose the company altogether.

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3 years ago
Read 2 more answers
How do price changes affect equilibrium?<br> (Gradpoint)
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By Serving As A Tool For A Distributing Goods And Services.

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A company has a factory that is designed so that it is most efficient (average unit cost is minimized) when producing 18,300 uni
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Answer: 14.9%

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