The two pricing strategies that can be used when introducing a new product into the market are penetration pricing and skimming pricing.
1. Penetration Pricing: This strategy involves setting a low price for a new product to attract customers and gain market share quickly. This pricing strategy is particularly effective when there is high competition in the market, and the goal is to gain a foothold and establish a customer base. By offering a lower price than competitors, the new product can attract price-sensitive consumers who are looking for a good deal. This pricing strategy is often used when a company is confident that it can produce and sell the product at a low cost and still make a profit.
2. Skimming Pricing: This strategy involves setting a high price for a new product to maximize revenue in the short term. Skimming pricing is typically used when a product is new, innovative, and has a high perceived value to customers. By setting a high price, the company can generate high profits from early adopters and customers who are willing to pay a premium for the product. Over time, as competition increases and the market becomes more saturated, the company may gradually lower the price to attract more price-sensitive customers. Skimming pricing is often used when a company has invested heavily in research and development and needs to recoup those costs quickly.
Learn more about Skimming pricing: https://brainly.com/question/28265861
#SPJ11
Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answer:
C, "Personal risk"
Explanation:
Gradpoint
1. Workplaces that grow plants, such as farms, nurseries, greenhouses,
gardens, and parks are part of
Plant Systems
Animal Systems
Food Products & Processing Systems
Environmental Service Systems
Answer:
Plant Systems
Explanation:
The plant system entails the science of how plants grow. It is the study of the different types of plants and how they impact our world. Gardens, farms, nurseries, greenhouses, and parks also form part of the plant's system.
Plant Systems specialists help feed the nation by monitoring our plant food quality and safety. They provide information that aids consumers in making sensible nutritional decisions.
Need help with this one.
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, how much will be deducted from his paycheck?
Group of answer choices
$941.62
$11.00
$116.38
$11.64
Anton's gross monthly pay is $1,058.00. If his employer withholds 11% for the monthly federal income tax, $116.38 will be deducted from his paycheck.
Define tax?A tax is a mandatory payment or charge levied on individuals or businesses by local, state, and national governments to cover the costs of general government services, goods, and activities.It is derived from the Latin taxare, which means 'to assess'. Previously, English used the related word 'task,' which was derived from Old French.For a time, the terms 'task' and 'tax' were interchangeable, with the first requiring labor and the latter requiring money.The term 'tax' then came to mean something tedious or difficult.Governments levy fees on citizens and businesses to generate revenue, which is then used to meet budgetary demands.This includes financing government and public projects as well as improving the country's business environment to promote economic growth.To learn more about tax refer to:
brainly.com/question/26316390
#SPJ1
Which of the following is true of small business owners?
A. the work business owners do requires little physical stamina.
B. the business owner starts with a business plan.
C. the business owner need to know little about management and finance. D. it's easy for most business owners to find a marketable idea.
Answer:
B
Explanation:
I mean, hopefully, they made a business plan lol. If you don't plan out your business right, you'll have a hard time making it become successful without a good plan.
kindly assist with research
my topic
The newly implemented e-payslip is not inclusive to all employees of the government.
what is the problem?
why is it the problem?
3 things that should be done to solve the problem?
The problem in the topic is the newly implemented e-payslip is not inclusive to all employees of the government. The reason why this is a problem is because it can cause dissatisfaction and confusion among employees who do not have access to the e-payslip.
Also, the e-payslip system may not be accessible or user-friendly for all employees who are supposed to use it.
Here are three things that should be done to solve the problem:
1. Conduct research: Research should be conducted to find out which employees are not included in the e-payslip system and why. This can help identify any technical or logistical problems that may be preventing some employees from using the system.
2. Increase accessibility: Steps should be taken to increase the accessibility of the e-payslip system so that all employees can use it. This may involve providing training and support to employees who are not familiar with using digital systems.
3.Improve communication:
Clear communication should be provided to all employees about the e-payslip system, including how to access it, how to use it, and how it benefits them. This can help address any confusion or dissatisfaction among employees who are not currently using the system.
To know more about e-payslip please check the following link
https://brainly.com/question/2838983
#SPJ11
Consider the market for wheat where demand is given by: 0° = 100 - 20 and supply is given by Q = 10 + 2p Now suppose that, due to a market failure (an artificial shipping constraint), a maximum of 45,00 units of wheat can be supplied by firms in the market. The amount of the deadweight loss caused by the market failure is $ (Enter your answer rounded to the nearest penny and as a positive number.)
The given demand function for wheat is: Qd = 100 - 20PWhere Qd represents the quantity demanded of wheat and P represents the price of wheat.
Given supply function for wheat is: Qs = 10 + 2PWhere Qs represents the quantity supplied of wheat and P represents the price of wheat.The equilibrium price and quantity can be determined by setting Qd = Qs:100 - 20P = 10 + 2P 20P + 2P = 100 - 10 22P = 90 P = 4.09 (rounded to the nearest cent)
Therefore, the equilibrium price is $4.09 per unit of wheat. To find the equilibrium quantity, substitute P = 4.09 into either the demand or supply equation:Qd = 100 - 20(4.09) ≈ 19.84Qs = 10 + 2(4.09) ≈ 18.18Therefore, the equilibrium quantity of wheat is approximately 19.84 units.Now, due to an artificial shipping constraint, the maximum amount of wheat that can be supplied is 4500 units.
At the equilibrium price, the quantity supplied is 18.18 units which is lower than the maximum amount that can be supplied. Hence, the artificial shipping constraint does not have any effect on the quantity supplied or the price. Thus, there is no deadweight loss caused by this market failure.
Therefore, the amount of the deadweight loss caused by the market failure is $0.00 (rounded to the nearest penny and as a positive number).
To know more about Artificial visit
https://brainly.com/question/33695286
#SPJ11
A FEATURE FILM PROMOTING ENTREPRENEURSHIP SOLD ALMOST HALF OF THE TOTAL TICKETS. TICKETS WERE PRICED AT PHP 75 FOR STUDENTS. IF THE AMOUNT COLLECTED FROM THE TICKETS WAS PHP 11,250,HOW MANY TICKETS OF STUDENTS WERE SOLD?
Answer:
150 tickets
Explanation:
Writing out needed parameters :
Price per student ticket (price of one student ticket) = PHP 75
The total revenue made from ticket sales ; (Total amount earned from the sale of student tickets) = PHP 11,250
The number of student tickets sold will be:
Total amout earned from sale / cost per ticket
PHP 11250 / PHP 75
= 150 tickets
One of the following is against the business ethics. Find it.
a) Charging fair price for the product.
b) Giving wages to employees if by not considering their work load. c) Using correct measurement for products
d) Giving chances to hear the problems of employees.
alright, anyone got any chocalate
Answer:
No, I don't really like chocolate.
Explanation:
Answer:
Yes.
Explanation:
But sadly I can't give them away.
#teamtrees #WAP (Water And Plant)
suppose the government imposes a tariff of $20 per unit. the amount of revenue collected by the government from the tariff is:______.
Suppose the government imposes a tariff of $20 per unit. The amount of revenue collected by the government from the tariff is $12,000.
A tariff is the term used to describe the charge imposed by the federal government on imported products from other nations. The primary purpose of tariffs is to safeguard domestic manufacturers, but they are sometimes used by the government to discourage imports from other nations and encourage the use of native goods.
In the given question, we take world price to be $40.
When the government imposes a tariff of $ 20 then the revenue collected by government will be,
Revenue = (60 -40) ×(1500 -900) = 20 × 600
= $ 12,000
In the given attached image,
The rectangular area represents the revenue collected by the government. Domestic demand at this price is 1500 units and domestic supply is 900 units.
Imports = 1500-900 = 600 units
Tariff = $ 20
Revenue = $ 20 × 600 = $ 12,000
Therefore, $12,000 is the required tariff.
Learn more about Tariff here: https://brainly.com/question/1336833
#SPJ4
How does feedback of players influence the development of a game?
Answer:
Evaluative Feedback Increases.Explanation:
While comparative feedback decreases future game play. Furthermore, negative feedback decreases players’ feeling of competence, but also increases immediate game play. Positive feedback, in contrast, satisfies competence and autonomy needs, thereby boosting intrinsic motivation.
The feedback of players influence the development of a game they use the feedback and fix it. From this evaluation of feedback may increases.
What is feedback?When a system's outputs are used again as inputs in a cause-and-effect circuit or loop, this is known as feedback. The system is said to feed back on itself in this case.
Anything you discover prior to the game's release will save you from having to deal with it later. You can save time later on by using player feedback to pinpoint the problems with the game.
There is a very significant likelihood that players may become frustrated and, as a result, find the game confusing and worthless if they don't receive prompt and accurate feedback when playing games.
Therefore, the feedback of players influence the development of a game they use the feedback and fix it. From this evaluation of feedback may increases.
To know more about the feedback, visit:
https://brainly.com/question/26994432
#SPJ2
Consider the following setting between two firms: Call them Firm 1 (Entrant) and Firm 2 (incumbent). Firm 1 first whether or not to enter a market Affer Firm 1 makes their deciaion, Firm 2 observes the decision and then decides whether or not to open a 2nd location. The profits for each sconario are the following: i) if firm 1 enters and firm 2 opens a 2nd locaton, then firm 1 earns −20 and firmi 2 to eams 80 7) it firm 1 ensers and firm 2 does not open a 2nd location, then firm 1 earns 40 and firm 2 to earns 100 ie) if firm 1 does not enter and firm 2 opens a 2 nd focation, then firm 1 earns 0 and frm 2 to eams 200 iv) if firm 1 does not enter and fim 2 does not open a 2 nd location, then firm 1 earns 0 and firm 2 to eams 160 True or False: Firm 2 's theeat fo open and location if frm 1 enters is a crectile threas? True Falso
False. Firm 2's threat to open a second location if Firm 1 enters is not a credible threat in this scenario. A credible threat is one that a player is willing and able to follow through on in order to achieve a desirable outcome.
In this case, if Firm 1 enters the market and Firm 2 opens a second location, Firm 1 would earn a profit of -20, while Firm 2 would earn a profit of 80. However, if Firm 2 does not open a second location, Firm 1 would earn a profit of 40, while Firm 2 would earn a profit of 100. Therefore, Firm 2 has a higher payoff by not opening a second location regardless of Firm 1's decision to enter. Firm 2 would not have an incentive to open a second location, making the threat not credible. A credible threat is one that a player is willing and able to follow through on in order to achieve a desirable outcome.
learn more about second here:
https://brainly.com/question/13622033
#SPJ11
A record of income and expenditures for a given period of time is called a/an:
Interest
Budget
Credit
Investment
A record of income and expenditures for a given period of time is called a BUDGET.
Give me food, and I will live. Give me water, and I will die. What am I?
Answer:
a human
Explanation:
Answer:
Fire
Explanation:
Pour water on fire, it will die.
I’m not sure about the food part but:
When you give food/aka wood?? To fire, it will increase its flame even more.
Hope this helps
Which of the following is not an example of professional behavior
?
which part of our body is affected by plogue pose?
Answer:
spine and shoulders are affected
The spine and the shoulders of our body part are mostly affectd by the plogue pose. It stretches our body muscles.
Plow PoseIt is a stretching exercise which keeps your body fit and flexible.
Doing stretching exercise regularly benefits the body mucles and tendons.
The plow pose is a stretching exercise where one positions his/her body upside down and keeps their feet bend over the head.
This pose affects our spine and also our shoulders.
Learn more about "exercise" here :
https://brainly.com/question/1365564
4. Calculating the effects of investing pretax or after-tax dollarsin accounts that are or are not tax sheltered Madeline just started learning about options for saving for her retirement. Her friend is a big fan of tax-sheltered accounts. Why do you suppose that is
Madeline's friend is likely a big fan of tax-sheltered accounts because they offer several advantages over other types of investment accounts. Tax-sheltered accounts, such as individual retirement accounts (IRAs) and 401(k) plans, allow investors to contribute pre-tax dollars to their accounts.
This means that the money they invest is not subject to income tax in the year it is earned, which can result in significant tax savings. In addition, the earnings on investments within a tax-sheltered account are not taxed until they are withdrawn, which allows the investments to grow tax-free. This can lead to substantial savings over time, particularly for those who begin investing early and allow their investments to compound over many years.
On the other hand, investing after-tax dollars in accounts that are not tax-sheltered can result in a higher tax burden. Earnings on these investments are subject to income tax in the year they are earned, as well as capital gains taxes when they are sold.
Overall, tax-sheltered accounts provide investors with significant tax advantages that can help them maximize their savings and achieve their retirement goals more quickly.
You can learn more about income tax at: brainly.com/question/17075354
#SPJ11
what did the angel reval to the students
Answer:
The angel revealed to the students that they had to attain divine wisdom so they could share what they learned later in life.
Explanation:
This is from the poem Did I Miss Anything by Tom Wayman, a modernist poet is all about the frustration of a teacher who has frequently been asked by the absent students, “Did I Miss Anything”.
The tone of the poem is angry, sarcastic and humorous. Each stanza in the poem begins with Nothing and Everything. Both the words are complete in themselves and represent the tone of the poem.
the explanation of the poem by stanza-
Stanza 1
The poet begins by saying, “Nothing” and adds that he has missed nothing as they (teacher and students) realized that he (the absentee) was not there and hence they were sitting quietly for two hours. with their hands on the desks. It is a kind of sarcastic answer.
Stanza 2
In the next stanza, the teacher’s anger comes out. He tells the absentee that he taught the lessons which covered 40% of the term syllabus and also assigned the students a quiz which is worth 50% of the term paper’s marks.
Stanza 3
The tone again shifts to sarcasm. According to the teacher, he (student) missed nothing as the course has no values or meaning. So he should remain absent as all the activities that take place in the class have no purpose for himself as well as for the absentee.
Stanza 4
In the 4th stanza, the poet says that shortly after he began teaching an angel just appeared that told about the ways to attain wisdom for the life and also that this is the last class after which they will have to spread the good news to the world.
This stanza is a satire on the religious faiths like Christian and Jewish religious practices and beliefs. It was believed that angels descend from the sky to impart knowledge to the clergy who afterwards spread that message (good news) to the commoners.
Stanza 5
The tone again reverts to sarcastic. the teacher asks the student how anything can happen in the class without him (student) being present there.
Stanza 6
In the final stanza, the teacher says that the classroom is a world full of human experiences which were assembled for him (student) to grab, examine and understand. It was an opportunity which he has lost now.
A prospective buyer of commercial or industrial property should include in an offer to purchase A) a waiver from future liability for any contamination found on the property. B) the establishment of a trust account to cover the cost of any property decontamination. C) a request for an affidavit by the seller that there are no contaminants on the property. D) a contingency to allow for an environmental site assessment.
A prospective buyer of commercial or industrial property should include in an offer to purchase
D. A contingency to allow for an environmental site assessmentWhat is Site Assessment?This refers to the gathering of data for a particular area of land to evaluate and assess whether the property is a possible risk to humans who live there.
With this in mind, we can see that a prospective buyer should make an inclusion of the contingency where he would allow for site assessment to make sure that he is buying a good property for development.
Therefore, the correct answer is option D
Read more about site assessment here:
https://brainly.com/question/13171394
Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
Find out more about business plan on:
https://brainly.com/question/25311149
#SPJ1
In the context of improving employee productivity, which of the following activities is involved in outsourcing analyses? Revising organizational structure h. Attracting and retaining employees cusing domestic vendors instead of employees d. Changra workoads and combining jobs
Based on business management strategies, and in the context of improving employee productivity, the activities that are involved in outsourcing analyses are C. using domestic vendors instead of employees."
How can one improve employee productivity?The process or methods of improving employee productivity is carried out to benefit the production capacity of a company or business firm.
Usually, outsourcing work to domestic vendors instead of using employees can help the employees to have rest and focus on other work that needs their expertise more. Other benefits of employing domestic vendors to improve employees' productivity include
Hence, in this case, it is concluded that the correct answer is Option C "using domestic vendors instead of employees."
Learn more about Employee Productivity here: https://brainly.com/question/28031725
#SPJ1
If knowledge is power, how do you gain knowledge?
how might emotional factors in decision making influence the potential purchase of a business franchise, such as dunkin' donuts among hundreds of others?
Emotional factors can significantly influence decision-making when purchasing a commercial franchise, such as Dunkin' Donuts.
These factors may include the feelings of security, control, satisfaction or excitement that the buyer/investor experiences when considering a particular brand or franchise.
For example, if the buyer feels secure with the Dunkin' Donuts brand and business model, the buyer may feel it is a safe investment and choose it over other franchises. If the buyer feels they have control over the brand and business, they may be more inclined to choose Dunkin' Donuts over other brands. If the buyer feels satisfaction and happiness at the thought of the Dunkin' Donuts brand and business model, they may choose that franchise for their investment.
Or if the buyer is excited about the prospect of working with a brand as well-known as Dunkin' Donuts, they might be more inclined to choose that franchise over others. Ultimately, emotional factors can significantly influence decision-making when purchasing a retail franchise, such as Dunkin' Donuts, among hundreds of others.
Lear More About Commercial franchise
https://brainly.com/question/3687222
#SPJ11
Imagine you are the dining room manager of a restaurant. You are responsible for
creating a set of sanitation rules to be followed by the staff.
The sanitation rules should cover the following aspects:
Service sanitation rules
Personal hygiene and attire rules
Side work rules
What do you mean by traditional professional? explain with explain.
an effective selection process should meet the standards of reliability, validity, generalizability, utility, and legality.
An effective selection process should meet the standards of reliability, validity, generalizability, utility, and legality. Reliability pertains to the consistency of a test or an assessment tool that produces the same result over time. Validity concerns whether a test or an assessment tool measures what it is intended to measure.
Generalizability refers to the extent to which findings or results obtained from a study are applicable to other situations or settings.Utility refers to the extent to which a test or an assessment tool is useful for a specific purpose. Finally, legality refers to the extent to which a selection process is consistent with the laws and regulations that govern it.
An effective selection process should meet the standards of reliability, validity, generalizability, utility, and legality. Explanation:Reliability, validity, generalizability, utility, and legality are important standards that an effective selection process should meet. By ensuring that these standards are met, organizations can make sure that they are selecting the right candidates for their job vacancies.Reliable selection processes produce consistent results over time, and they are not affected by irrelevant factors. For example, if a selection process produces different results when administered at different times, it is not reliable. Valid selection processes measure what they are intended to measure and do not measure anything else. For example, a typing test is a valid selection tool for a data entry job, but it is not valid for a job that does not require typing skills. Generalizable selection processes produce results that are applicable to other settings or populations. For example, if a selection process works well for one company, it should work well for another company that has a similar job vacancy. Useful selection processes provide information that is relevant to the job vacancy and can be used to make hiring decisions. For example, if a selection process provides information about a candidate's knowledge and skills that are relevant to the job vacancy, it is useful. Legal selection processes comply with laws and regulations that govern employment practices, such as equal employment opportunity laws. For example, a selection process that discriminates against candidates based on their race, gender, or age is not legal.
To know more about produces visit:
https://brainly.com/question/30698459
#SPJ11
Explain the limitations of statistics
what best defines form
Answer:
the shape and structure of something as distinguished from its material the building's massive form.
three brothers operating a business where the action of one brother is binding on the other two brothers
what type of business organization is this?
Considering the situation above, the type of business organization is "General Partnership."
This is because General Partnership, like other types of partnership in the business organization, usually involves a minimum of two people and a maximum of fifty people.
In the general partnership arrangement, all partners have independent authority to bind the business to agreements and loans and are equally liable to debts and legal obligations.
Given that the action of one brother is binding on the other two brothers, this is a form of General Partnership.
Other types of the partnership include the following:
Limited partnershipLimited liability partnershipLimited liability limited partnership.Hence, in this case, it is concluded that the correct answer is General Partnership.
Learn more about General Partnership here: https://brainly.com/question/22848646
This distribution center function allows a firm to pick goods by the pallet, by the case, or by the individual piece.
Multiple Choice
product allocation
product accumulation
product sortation
product assortment
product selection
"Product sortation" is the solution. The distribution center function of product sortation enables a business to choose products by the pallet, by the case, or by the individual piece.
Which alludes to distribution centers from which products are sent straight to customers?Orders for tangible goods are packaged and distributed to customers from fulfillment centers, which are warehouse facilities.
What is the name of direct shipping?Bypassing a physical store or warehouse, direct shipment is a form of fulfillment in which goods are sent from the supplier to the customer directly. Dropshipping, in which products are offered online by a third-party merchant and shipped by the supplier, is different from shipping directly.
To know more about business visit:
https://brainly.com/question/15826604
#SPJ1