ABC company who produces high-end mobile phones, sets its product price at high level to obtain maximum revenue from the market before substitutes appear. After that, ABC will lower the product prices drastically to capture the low-end markets. This pricing strategy is
a.
Price volume model
b.
Promotional pricing model
c.
Market skimming model
d.
Revenue pricing model
e.
Market share model
Answers
The pricing strategy adopted by ABC company is (C) the Market skimming model.
ABC company uses a market skimming pricing strategy to maximize revenue from the market for its high-end mobile phones before competitors arrive. This method necessitates a company selling its goods at a high price initially and gradually decreasing the price to reach low-end market customers.The Market skimming pricing strategy is used to maximize revenue in the short term, particularly if the product is new or innovative, and the target audience is price-insensitive. This pricing strategy, which is used primarily for high-end items, is used to recover the development, marketing, and promotional expenses of creating and introducing a new product to the market.Once the product has penetrated the market, and competitors have entered with comparable products, the company will gradually decrease the price of the item to maintain a competitive edge, retain market share, and extend the product life cycle. This strategy also assists businesses in achieving economies of scale and reaching a wider audience.
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Related Questions
Which of the following are money market instruments? Check all that apply.
Common stocks
O Treasury bills
O Long-term bank loans
O Commercial paper
Im Certificates
Certificates of deposit
Answers
Commercial paper is one of the following money market instruments. Commercial paper is a type of short-term, unsecured debt instrument issued by corporations to fund short-term liabilities.
What is money market?Bank accounts, including time credentials of deposit; interbank loans (loans between banks); money market mutual funds; commercial paper; Treasury bills; and securities lending and repurchase agreements are all examples of money markets (repos). The money market is an economic component that provides short-term funds. The money market specializes in short-term loans of one year or less. Money market funds are widely regarded as one of the most stable investments, as they have low volatility and are less susceptible to market fluctuations. Money funds are also more liquid than other investments with comparable returns, such as CDs, because they allow you to quickly withdraw cash or purchase other investments.To learn more about money market, refer to:
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How is a compressed work week different from a traditional work week?
You work one more day in a compressed work week.
You work forty hours in a compressed work week.
You work one less day in a compressed work week.
You work less than forty hours in a compressed work week.
Answers
Answer:
A compressed work allows the employee to work for 35-40hours workweeks in less than five workdays.
have a great day
pankey inc. has a $700,000 investment opportunity that would involve sales of $1,050,000, a contribution margin ratio of 40% of sales, and fixed expenses of $325,500. the company's minimum required rate of return is 18%. the residual income for this year's investment opportunity is closest to: group of answer choices ($31,500) $0 $94,500 $126,000
Answers
The residual income for this year's investment opportunity is closest to ($31,500).
How to calculate the residual incomePankey Inc. has an investment opportunity worth $700,000.
They expect sales of $1,050,000, and with a contribution margin ratio of 40%, this means the contribution margin would be $420,000 (40% of $1,050,000).
Fixed expenses are given as $325,500.
To calculate the operating income, subtract the fixed expenses from the contribution margin:
$420,000 - $325,500 = $94,500.
Now, let's find the minimum required income.
With an 18% required rate of return on the $700,000 investment, this amounts to:
$700,000 x 18% = $126,000.
Finally, to calculate the residual income, subtract the minimum required income from the operating income: $94,500 - $126,000 = -$31,500.
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The Bedford Falls Bridge Building Company is considering the purchase of a new crane. George Bailey, the new manager, has had some past management experience while he was the chief financial officer of the local savings and loan. The cost of the crane is $17,291. 42, and the expected incremental cash flows are $5,000 at the end of year 1, $8,000 at the end of year 2, and $10,000 at the end of year 3. A. Calculate the net present value if the required rate of return is 9 percent. B. Calculate the internal rate of return. C. Should Mr. Bailey purchase this crane
Answers
A. To calculate the net present value (NPV) of the crane investment, we need to discount the expected cash flows at the required rate of return of 9 percent. The formula for NPV is as follows:
NPV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 - Initial cost
Where CF1, CF2, and CF3 are the cash flows expected at the end of year 1, year 2, and year 3, respectively, and r is the required rate of return.
Using the provided information, we can calculate the NPV as follows:
NPV = $5,000 / (1 + 0.09)^1 + $8,000 / (1 + 0.09)^2 + $10,000 / (1 + 0.09)^3 - $17,291.42
B. The internal rate of return (IRR) is the discount rate that makes the NPV of an investment equal to zero. We can calculate the IRR by finding the discount rate at which the sum of the present values of the cash flows equals the initial cost. This can be done using trial and error or financial software.
C. To determine whether Mr. Bailey should purchase the crane, we evaluate the NPV and compare it to zero. If the NPV is positive, it indicates that the investment is expected to generate a return higher than the required rate of return and is therefore favorable. If the NPV is negative, it indicates that the investment is expected to generate a return lower than the required rate of return and may not be advisable.
Without the actual cash flows for the subsequent years, it is not possible to calculate the precise NPV and IRR or make a definitive recommendation. However, based on the information provided, Mr. Bailey should calculate the NPV and IRR using the formulas and compare the results to determine if the investment in the crane is financially viable.
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Earning a degree can be expensive but which example shows why it might be worth it?
(financing higher education)
Answers
Answer:
Earning a degree can be expensive but it can almost guarantee you great job opportunities and great job opportunities can provide great income, and other benefits.
Explanation:
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. If the pre-split market cap was 1.71B, what would the post-split market cap be?
Answers
A major drugstore chain whose stocks are traded on the New York Stock Exchange was considering a 2-for 5 reverse split. the post-split market cap be 684 million
What is market cap?Generally, In a 2-for-5 reverse split, every 5 shares of stock are combined into 2 shares. This means that the number of outstanding shares of stock will be reduced by 2.5 times. If the pre-split market cap is 1.71B, the post-split market cap can be calculated by dividing the pre-split market cap by 2.5:
1.71B / 2.5 = 684 million
So, the post-split market cap would be approximately 684 million. Please note that this calculation is based on the assumption that the value of the company's stock remains the same after the reverse split. In practice, the value of the stock may change as a result of the reverse split.
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Doris put in $4000 in a 2-year CD paying 6% interest and being compounded monthly. What will her balance be after 2 years
Answers
Answer:
$4508.64
Explanation:
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding = 12
$4000 x (1 + 0.06 /12)^(2 x 12)
$4000 x 1.005^24
= $4,508.64
4508.64
Answer:
$4,261.93
Explanation:
It is the correct answer for the quiz. Full question by the way is "Doris put $4000 in a 5-year CD paying 6% interest compounded monthly. After 2 years, she withdrew all her money, and as an early withdrawal penalty, she paid back all interest she made during the first year. How much money was Doris left with?"
An advantage of a corporation is that
A. owners pay fewer taxes than owners of other forms of business.
B. the business is subject to little government intervention.
C. owners have limited liability for debt.
D. owners have direct and immediate control over daily management of the business.
Answers
Answer:
C. Owners have limited liability for debt
Please choose the correct steps
Step 1
Define your Needs and Wants
Step 2
Identify Your Career Choices
Step 3
Research Your Career Choices
Step 4
Make Your Decision
Step 5
Plan How to Reach Your Goal
1.I have decided to pursue training as a veterinarian’s assistant after finishing high school.
2.I would like to work in a career that allows me to use my academic skills and to work with
people and animals.
3.I am interested in being either a nurse or a veterinarian’s assistant.
4.I can become a veterinarian’s assistant after completing a training course and receiving an
associate degree at community college.
5.I have learned through my research that both nurses and veterinarian’s assistants use their academic skills in the workplace. Nurses work with people while veterinarian’s assistants work with both people and animals.
Answers
Answer:
i am unable to help you on this
Explanation:
this is about you and your life choices and so far it looks like you did a great job.
The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration
Answers
Answer:
B. Management.
Explanation:
Management can be defined as the process of controlling and making decisions about a business.
The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.
Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.
Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.
Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Answers
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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Which of the following is NOT an advantage of human-centered design thinking?
a) It allows for a more enjoyable user experience for customers.
b) It allows for more flexibility in the product/service creation process.
c) It allows for a deeper understanding of the problems that the market faces.
d) It allows a single entrepreneur to bring their favorite ideas to market.
Answers
Answer:
The correct option is;
d) It allows a single entrepreneur to bring their favorite ideas to market
Explanation:
Human-centered design is a methodology applied to the resolution of problems that are associated with product design and framework of management that makes the thinking mindset for the development of problems solution of having the human standpoint to be included in all the steps involved in solving the problem in order to ensure usefulness of the solution to the people it is meant to benefit.
Human-centered design is the study of methodology that focuses on the resolution of the problems or the hurdles that are associated with the design of the product or the framing of the managerial activities that help in the solving of the problems.
The correct option is d) It allows a single entrepreneur to bring their favorite ideas to market
Option d) It allows a single entrepreneur to bring their favorite ideas to market is the correct answer because it does not ensure the advantage of human-centered design thinking. It wholly focuses on the entrepreneurs to bring their own ideas without the consult of the team members.
Options:
a) It allows for a more enjoyable user experience for customers.
b) It allows for more flexibility in the product/service creation process.
c) It allows for a deeper understanding of the problems that the market faces.
These are the wrong options because they are the main advantages of the human-centered design that focuses on solving the problems by implying the various managerial activities in tackling the problems.
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True or False? A general partnership protects partners from the debts of the company.
Answers
Answer:
True
Explanation:
Do you need an Explanation? Or no??
Hope I helped you out
When the economy crashed in 2008, what did the federal reserve do to stimulate the economy?
Answers
When the economy crashed in 2008, The Federal Reserve also initiated the first in a series of large-scale asset purchase (LSAP) programs, buying mortgage-backed securities and longer-term Treasury securities.
What is Federal Reserve?The United States of America's central banking system is the Federal Reserve.Following a string of financial panics that prompted the need for centralized supervision of the monetary system in order to prevent financial crises, it was established on December 23, 1913, the day before Christmas Eve, with the passage of the Federal Reserve Act.The Federal Reserve System's functions and responsibilities have grown over time as a result of occasions like the Great Depression in the 1930s and the Great Recession in the 2000s.In the Federal Reserve Act, the U.S. Congress outlined three main goals for monetary policy: increasing employment, maintaining price stability, and lowering long-term interest rates.To learn more about Federal Reserve with the given link
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which outcomes are a result of a high-performance work system? (select all that apply) multiple select question.
Answers
A high performance work environment results in increased productivity outcomes.
What does "performance" mean?Overall industry performance refers to the capacity of a corporation to carry out a plan to achieve organisational objectives. It is considered to be an important tool for companies to evaluate how successfully management performs its obligations. Finances or the amount of money each employee makes are two. Using these performance measurements will enable you to make more accurate judgments in regard to the goals.
Why is performance so important?Creating an efficient team can help you finish projects on time, bring in money, and improve the brand through positive client interactions. When employees are not functioning adequately, clients get the impression that a company doesn't care about their needs and will seek help elsewhere. Effective workers finish jobs the first time correctly.
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Accepting the kind of criticism that can help you grows a trait of people with _____
Answers
Answer: self-esteem
Explanation: took the quiz.
Managers are responsible for helping ___ to understand and follow their company's code of ethics
Answers
Answer:
Managers are responsible for helping employees to understand and follow their company's code of ethics
Managers are responsible for helping employees to understand and follow their company's code of ethics.
What are a code of ethics and its importance?It offers a common set of guidelines or expectations that everyone in the field must follow. It describes the industry's best practices. It serves as a foundation for achieving compliance with the profession's regulations. It gives the profession a legal standard.
The code of ethics outlines the company's values, standards, and expectations for ethical behavior. It is the manager's role to ensure that employees are aware of these values and understand how they relate to their job duties and responsibilities.
Managers are responsible for creating a culture of ethics within their teams and the organization as a whole. This means that they must lead by example and demonstrate ethical behavior themselves, while also holding their employees accountable for their actions.
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Why do you think it will be important to stay flexible if your goals change as you get
older?
Answers
Answer:
You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.
If you own a candy bar factory, the
"capital" for your factory would
include all of the following EXCEPT
which one?
A. The ingredients such as sugar and cream used in
making chocolate.
B. The machines that make the candy bars.
C. The employees who run the machines and
package the candy.
D. The rules and regulations that keep employees
and customers safe.
Answers
Answer:
C
Explanation:
Capital isn't the employees working, but the tools needed to help the employees work efficiently.
Answer:
A. The ingredients such as sugar and cream used inmaking chocolate.
Explanation:
is an important tool that is used to facilitate implementing and controlling the selected strategy. " O Balanced scorecard O Matrix organizational structure O Payback period O Cost benefit analysis When developing a SWOT matrix is not one of the steps.
O identifying threats O identifying synergies O identifying opportunities O identifying weaknesses Keeping the tax rate at 15% means there is for companies selling luxury products. O threat O strength O opportunity O weakness
Answers
A balanced scorecard is an important tool for implementing and controlling a selected strategy. When developing a SWOT matrix, identifying threats is not one of the steps.
A balanced scorecard is a valuable tool used to effectively implement and control a chosen strategy. It helps organizations align their activities with their strategic objectives and provides a comprehensive view of performance by considering financial, customer, internal process, and learning/growth perspectives.
By using the balanced scorecard, companies can measure and track their progress towards their goals.
When creating a SWOT matrix, which stands for Strengths, Weaknesses, Opportunities, and Threats, the identification of threats is not one of the steps involved.
The SWOT analysis focuses on identifying internal strengths and weaknesses as well as external opportunities and threats that can impact the organization's strategic position.
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how does an increase in income increase tax revenue
Answers
Answer:
An increase in income will increase tax revenue because the more taxes and tax write-offs will lead to more in tax returns.
Explanation:
The more income you make the more taxes you will pay, after write-offs you will end up earning more back in tax returns than you would if you made less
Name three jobs in insurance.
What do administrative support careers do? Name three tasks.
Answers
Answer:
Insurance Investigators. Insurance fraud is a huge problem.
Insurance Claim Adjusters. Adjusters assess the damage involved in an insurance claim, and extend an offer to the policyholder to cover their losses.
Actuaries.
Underwriters.
Loss Control Agents.
Insurance Agent or Broker.
Explanation:
jobs
ira roth opens up a roth ira and places $5,000 in his retirement account at the beginning of each year for 25 years. he believes the account will earn 9 percent interest per year, compounded monthly. how much will he have in his retirement account in 25 years?
Answers
After 25 years, Ira Roth will have approximately $2,849,605.33 in his Roth IRA account. To calculate the future value of Ira Roth's Roth IRA account, we can use the formula for the future value of an annuity:
FV = \(Pmt *((1 + r/n)^{(n*t) - 1)} /(r/n)\)
where:
FV = future value
Pmt = periodic payment
r = annual interest rate
n = number of compounding periods per year
t = number of years
In this case, Ira Roth is contributing $5,000 at the beginning of each year for 25 years, and the account earns 9% interest per year compounded monthly, which means n = 12 (12 compounding periods per year). Therefore, we can plug in the values and solve for FV:
FV = \(5000 *((1 + 0.09/12)^{(12*25) } -1/(0.09/12)\)
= \(5000 *1.0075^{300 - 1} /0.0075\)
= 5000 x (48.499 - 1) / 0.0075
= $2,849,605.33
Therefore, after 25 years, Ira Roth will have approximately $2,849,605.33 in his Roth IRA account.
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he first parameter represents a "client to accounts" dictionary, the second parameter represents a valid client, the third parameter presents an account number (chequing, savings, or loan), the fourth
Answers
The function accepts a dictionary that maps clients to their accounts as the first parameter, a valid client as the second parameter, and an account number (chequing, savings, or loan) as the third parameter.
The function aims to retrieve information about a specific account belonging to a valid client from the provided dictionary. The dictionary contains client names as keys and a list of their associated accounts as values. By accessing the dictionary using the valid client as a key, we can obtain the list of accounts associated with that client.
Next, the function checks if the specified account number (chequing, savings, or loan) exists in the obtained list of accounts. If the account number is found, the function returns True, indicating that the account is valid for the given client. Otherwise, it returns False, indicating that the account does not exist or is not associated with the client.
In summary, the function allows you to verify if a specific account number is valid for a given client by using a dictionary that maps clients to their accounts. It returns True if the account is valid and False otherwise. This functionality can be useful for tasks such as verifying account ownership or performing account-specific operations for clients in a banking system or similar applications.
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How to create a song with lyrics that make sense?
Answers
Answer:
To create a song with lyrics that make sense, you can follow these steps:
Start by brainstorming ideas for your song. This can include things like the theme or message you want to convey, the emotions you want to evoke, and any specific experiences or events you want to write about.Next, choose a structure for your song, such as the number of verses and choruses, and the length of each section. This will help you organize your ideas and keep your song cohesive.Begin writing the lyrics for your song, starting with the chorus. The chorus is typically the most memorable part of a song, so it's important to get this right. Make sure the chorus clearly conveys your song's theme and is catchy and memorable.Once you have the chorus written, move on to the verses. Each verse should build on the ideas in the chorus and provide additional information or details about your song's theme. Try to vary the lyrics and melodies in each verse to keep the song interesting.As you write your lyrics, focus on creating imagery and using descriptive language to paint a picture in the listener's mind. Avoid using cliches and try to be original and creative in your word choices.Once you have the basic structure and lyrics of your song written, spend time refining and editing your lyrics to make them as strong and compelling as possible. This can include things like changing words or phrases to make them flow better, cutting unnecessary lines, and adding rhyme or alliteration to make the lyrics more catchy.Finally, once you're happy with your lyrics, it's time to put them to music! You can either write your own music or collaborate with a musician to create the perfect accompaniment for your lyrics.Creating a song with lyrics that make sense takes time, effort, and practice. But by following these steps and being open to revision and feedback, you can create a song that is meaningful, memorable, and truly your own.
Which of the following is NOT a resource?
A
water
B.
food
C.
land
D.
jewelry
Answers
Answer:
D
Explanation:
It was never made when Earth was made
Answer:
jewelry not resource this is a correct answer
Suppose you write 40 call option contracts with a $40 strike. The premium is $3.03. Evaluate your potential gains and losses at option expiration for stock prices of $30, $40, and $50. (Input all amounts as positive values. Do not round intermediate calculations.)
At stock price of 30, the ____. is _____
At stock price of 40, the ____. is _____
At stock price of 50, the ____. is _____
Answers
At stock price of $30, the loss is $121.20.
At stock price of $40, there is no gain or loss.
At stock price of $50, the gain is $278.80.
To evaluate the potential gains and losses at option expiration, consider the stock price in relation to the strike price and the premium paid for the call option contracts. The calculation for each stock price:
At stock price of $30:
The call option will be out of the money since the stock price ($30) is below the strike price ($40). In this case, the potential loss is equal to the premium paid for the call option contracts.
Loss: $3.03 * 40 = $121.20
At stock price of $40:
The stock price ($40) is equal to the strike price ($40). The call option is at the money, and there is no gain or loss at this stock price.
Gain/Loss: $0.00
At stock price of $50:
The stock price ($50) is above the strike price ($40). The call option is in the money, and we need to calculate the potential gain.
Gain: (Stock Price - Strike Price - Premium) * Number of Contracts
= ($50 - $40 - $3.03) * 40
= $6.97 * 40
= $278.80
To summarize:
At stock price of $30, the loss is $121.20.
At stock price of $40, there is no gain or loss.
At stock price of $50, the gain is $278.80.
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What is the first step that must
be taken in the dissolution of a
corporation?
Answers
Answer:
D
Explanation:
The first step to closing up shop is receiving shareholder approval to formally close the corporation. The board of directors should adopt a resolution to dissolve the corporation and receive approval for the action.
How have newer work models made the workplace more efficient?
Answers
Explanation:
Don't be Afraid to Delegate. While this tip might seem the most obvious, it is often the most difficult to put into practice. ...Match Tasks to Skills. ...Communicate Effectively. ...Keep Goals Clear & Focused. ...Incentivize Employees. ...Cut Out the Excess. ...Train and Develop Employees. ...Embrace Telecommuting.Answer:
1)Assign a task to the person with the right skills. When a new assignment arises, managers tend to think: "Who on my staff has time to take this on?" This is not an effective way to make a decision.
2)Limit meetings: Let's face it: Unless it's a necessary client meeting or important brainstorm session, nine times out of 10,
3)Systematize processes to save people time. There may be old ways of doing things in your company that take up a lot of time. When you ask managers why you do things that way, they may say: "Well, that's just how we've always done it."
4)Provide quiet, uninterrupted spaces to work. This goes back to those colleagues disrupting your work to discuss personal issues. Most people work better in an environment without a lot of noise. Cubicle farms make it hard to accomplish meaningful work. The open physical layout of many offices today, as well as "open-door" policies establish an open invitation for co-workers to interrupt others.
5)Determine where people need to be located. Companies are beginning to realize that telework saves them money and greatly increases productivity. Employees working from home tend to accomplish more than their counterparts sitting in an office. This is mainly due to the lack of office distractions listed above and the extra time people can put into work since they can start and end their day during typical commute times. Also, business travel is not always a necessity, as it is both a high monetary and time cost to incur.
Explanation:
Hope it HELPS you .....
The U. S. national debt:______________.
a. will be paid off when the budget is finally balanced.
b. is paid off each fiscal year when the debt is refinanced.
c. will never be paid off in any given year, but it will be entirely paid off when it is refinanced over a number of years.
d. equals the dollar amount of outstanding U.S. Treasury bonds
Answers
Answer:
d. equals the dollar amount of outstanding U.S. Treasury bonds
Explanation:
The National debt is entirely represented by the total dollar amount of outstanding U.S. Treasury bonds, both those bonds that are held by the public (private citizens), or by other governments.
Currently, the U.S. National Debt is over 24 million, and the amount of debt that can be issued in the form of U.S. Treasury bonds is limited by the national debt ceiling.