With regard to the cost-based price model negotiation strategy, which of the following is true?

A. Prices are based in some way upon market standards agreed to by both supplier and purchaser.
B. Potential suppliers each submit quotations as to price, delivery, and so on."
C. Prices are based upon supplier costs.
D. Prices float based on what the customer is willing to pay.

Answers

Answer 1

Answer: it’s impossible all of it

Explanation:you can’t do it, because it has a gradient of 12

Answer 2

This statement is true regarding, the cost-based price model negotiation strategy, "Prices are based upon supplier costs." The correct option is (C).

What do you mean by the cost-based price model?

Cost-based pricing is a way of setting prices that is based on how much it costs to produce, manufacture, and distribute a good.

In order to generate a profit, a product's pricing is essentially calculated by adding a portion of the manufacturing expenses to the selling price.

The overall pricing strategy is composed of the following three elements: selecting a pricing guiding principle Competitive, value-based, and cost-plus.

Calculate the product or service's total cost, which is the sum of its fixed and variable costs. To calculate the unit cost, divide the total cost by the number of units.

Therefore, this statement is true regarding, the cost-based price model negotiation strategy, "Prices are based upon supplier costs."

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Related Questions

When the blue ray video disc players were first launched, they were sold at premium prices at about $800 each, while dvd players were sold at less than $100 each. This was an example of?

Answers

When Blu-ray video disc players were initially sold at premium prices of around $800 each, while DVD players were sold at significantly lower prices of less than $100 each, it was an example of price discrimination.

Price discrimination occurs when a company charges different prices for the same or similar products to different customer segments based on their willingness to pay. In this case, the company recognized that there were different customer segments with varying preferences and price sensitivities. They targeted consumers who were early adopters and willing to pay a premium for the latest technology by pricing the Blu-ray players higher. At the same time, they offered more affordable DVD players to cater to a broader customer base who were not willing to spend as much on the newer technology.

By implementing price discrimination, the company could maximize its profits by capturing the highest possible price from the segment of customers willing to pay a premium while still attracting customers who were more price-sensitive.

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18. Explain the difference between product "feature" and product
"options"

Answers

Answer:

Features are added to improve the basic product while options are when you have the choice of a possible bundle to come with the product.

Explanation:

(Scenario: The Market for Travel Mugs) Use Scenario: The Market for Travel Mugs. If a $1 per unit tax is imposed, the deadweight loss associated with the tax will be equal: Scenario: The Market for Travel Mugs The market for travel mugs is given by the following demand and supply equations: Demand: P = 50 – 0.5Q Supply: P=0.33Q where P is the price per mug, and Q is the quantity of mugs. The government is considering imposing a $1 per unit tax on the purchase of travel mugs.
$0.60. $1.00. $0.50. $0.40.

Answers

The new equilibrium price, and the quantity demanded at the new equilibrium price: $0.60

To calculate the deadweight loss associated with the tax, we first need to find the equilibrium price and quantity without the tax. To do this, we set the demand equal to the supply and solve for Q:

50 – 0.5Q = 0.33Q

0.83Q = 50

Q = 60.24

Plugging Q back into either the demand or supply equation gives us the equilibrium price:

P = 50 – 0.5(60.24) = 19.88

Now, with the $1 per unit tax, the new supply curve will be:

P = 0.33Q + 1

We can again find the equilibrium price and quantity by setting the new supply equal to the demand:

50 – 0.5Q = 0.33Q + 1

0.83Q = 49

Q = 59.04

Plugging Q back into either the demand or new supply equation gives us the new equilibrium price:

P = 50 – 0.5(59.04) = 19.48

The difference between the original equilibrium price and the new equilibrium price is the amount of the tax:

$1 = 19.88 - 19.48

To find the deadweight loss, we need to calculate the change in consumer and producer surplus due to the tax. The change in consumer surplus is equal to the area of the triangle formed by the original equilibrium price, the new equilibrium price, and the quantity demanded at the new equilibrium price:

(1/2)(19.88 - 19.48)(60.24 - 59.04) = $0.60

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Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.​

Answers

Baako Ltd purchase motor vehicle as follows date 01/01/13 800,000$,01/01/13 400,000$,01/04/15 600,000. The company adopts straight line method of depreciation at the rate 10% per annum from the date of purchase separate account is prepared for provision for depreciation. On 30th June, 2014 the motor vehicle which was purchase on 1st July was sold for 24,000$. You are required to prepare (a) motor vehicle account for the years 2013,2014 and 2015. (b) motor vehicle disposal account.

The power of a leader that comes from the respect, admiration, and loyalty of subordinates is known as:
A. reward power.
B. transient power.
C. coercive power.
D. referent power.
E. virtual power.

Answers

The power of a leader that comes from the respect, admiration, and loyalty of subordinates is known as referent power.

Referent power is a type of power that is derived from the personal characteristics of the leader, such as charisma, integrity, and likeability. It is based on the leader's ability to influence others through their personal attributes and the relationships they have built with their subordinates.

Referent power is a positive type of power that is earned by the leader through their behavior and actions. It is different from coercive power, which is based on the leader's ability to punish or threaten punishment, and reward power, which is based on the leader's ability to provide rewards or incentives.

Leaders who have referent power are often able to inspire and motivate their subordinates to achieve their goals and perform at their best. They are able to build strong relationships with their followers and create a positive work environment.

In summary, the power of a leader that comes from the respect, admiration, and loyalty of subordinates is known as referent power.

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Please help???/
While dusting his camera, Nathan notices that fingerprints on the lens won’t go away with mere dusting. He decides to use a cleaning fluid to clear the marks. What is the correct way for him to use the fluid?

A.

Drench the camera with the fluid.

B.

Put the fluid on a piece of cloth first

C.

Put the fluid on the lens first.

D.

He should avoid using fluids because they harm the camera.

E.

He should get the marks cleared off at a service center.

Answers

Answer:

B. Put the fluid on a cloth first

Explanation:

If put on the lens first it can ruin it.

In philosophy. what Industry 4.0 is. What is Digital Transformation? What is socio-economic difference between those three IT-based economies is this: Economy 3.0 views IT as a tool (Asimov); today’s Economy 4.0 views Big Data as semi-autonomous sort-of-agents. Economy 5.0, based largely on trends in AI – treats advanced AIs as partners, with similar level of autonomy as human agents of comparable professional and other relevant skills. What economy 5.0 could be?

Answers

In philosophy, the concept of Industry 4.0 refers to the fourth industrial revolution, characterized by the integration of advanced digital technologies into manufacturing and industrial processes. It encompasses the use of technologies such as the Internet of Things (IoT), artificial intelligence (AI).

Big data analytics, cloud computing, and automation to create a more interconnected and intelligent industrial environment. Industry 4.0 aims to improve efficiency, productivity, and flexibility in manufacturing and create what is often referred to as a "smart factory."

Digital transformation, on the other hand, is a broader concept that extends beyond the industrial sector. It refers to the integration of digital technologies into various aspects of society, including businesses, organizations, government institutions, and even individual lifestyles. Digital transformation involves the fundamental rethinking and restructuring of processes, operations, and interactions to leverage the power of digital technologies and adapt to the changing technological landscape.

The socio-economic differences between these three IT-based economies (Economy 3.0, 4.0, and 5.0) are based on the evolving relationship between humans and technology:

Economy 3.0: In this stage, IT (Information Technology) is viewed as a tool, similar to how Isaac Asimov conceptualized it. IT is used primarily to support and enhance existing processes and operations. Humans are in control, and technology is subordinate to human decision-making and actions.

Economy 4.0: In this stage, Big Data takes center stage as semi-autonomous, sort-of-agents. It means that technologies like AI and machine learning algorithms are capable of processing vast amounts of data and making increasingly sophisticated decisions. While humans still play a crucial role, there is a higher level of autonomy given to technology, especially in analyzing data and providing insights. However, the ultimate decision-making and control remain with humans.

Economy 5.0: This stage, which you mention as being based largely on trends in AI, treats advanced AIs as partners with a similar level of autonomy as human agents of comparable skills. Economy 5.0 envisions a future where AI systems have advanced to a point where they are considered partners rather than mere tools or semi-autonomous agents. These AI systems possess a high level of autonomy, advanced reasoning capabilities, and can actively participate in decision-making processes, collaborating with humans as equals. This partnership between humans and AI aims to leverage the respective strengths of both to achieve greater productivity and efficiency in various domains.

It's important to note that Economy 5.0 is a speculative concept and represents a potential future state. Its realization would depend on advancements in AI technology, ethical considerations, and societal acceptance of such partnerships between humans and advanced artificial intelligence  systems.

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Norah was less educationally qualified and experienced than her colleagues when she joined Micro Systems Inc. However, due to her ability to negotiate effectively with clients, convince her team members to work harder, and understand their needs, she is a senior-level manager today. Which skills can be most attributed to Norah's success in this scenario

Answers

Answer:

human relations skills

Explanation:

It is correct to say that Norah's human relations skills helped her achieve the position of senior manager, despite being less educationally qualified than her peers.

Human relations skills correspond to the skills a person has in dealing with people, such as Norah's negotiating, convincing, understanding, and motivating skills in relation to her team members. These skills are essential for a manager, who is the leader responsible for coordinating and controlling through good interpersonal skills, the ability to help and motivate his team to achieve organizational goals and objectives.

Which of the following is the BEST reason to use cash for making purchases?

Answers

Cash makes it easier to budget and stick to it. Its easier to track exactly how much money you are spending.

What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU

Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated

Answers

All of the above are regulated :)

1 Which one of the following is not Which one of the key roles / purposes of marketing within
business?
A To identify potential customer groups
B To inform customers about the business's product or service
C To prepare cash flow forecasts
D To understand customers and their needs
Your answer

i

Answers

I’m pretty sure it’s B sorry if I’m wrong

On October 1, Hill Corporation signed a 6-month note with principal of $10,000 and interest of $600 due in six months. The stated rate of interest on the note is

Answers

Answer:

the stated interest rate on the note is 12%

Explanation:

The computation of the stated rate of interest on the note is shown below:

= Interest ÷ Principal amount

= $600 ÷ $10,000

= 0.06

Since it is of six months but we have to determine annually

So we should multiplied it by 2

Like this

= 0.06 × 2

= 12%

hence, the stated interest rate on the note is 12%

marketers recognize that people have which two types of self-concepts?

Answers

Marketers recognize that people have two types of self-concepts: the actual self-concept and the ideal self-concept.

1. Actual Self-Concept: This refers to how individuals perceive themselves in the present moment. It includes their beliefs, traits, and abilities, as well as how they think others perceive them. Marketers use this information to target products and services that align with consumers' current needs and self-perceptions.

2. Ideal Self-Concept: This represents the person an individual aspires to become or the qualities they would like to possess. It often includes idealized traits, goals, and preferences. Marketers tap into this concept to promote products and services that can help consumers achieve their desired self-image.

By understanding both the actual and ideal self-concepts, marketers can create more effective and targeted marketing strategies to appeal to consumers on a deeper, more personal level.

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If an increase in the price of one good, causes a increase (rightward shift) in the demand for another good, then the two goods are _____.

Answers

Answer: substitutes

Hope that helps! Have a good day :)

Which strategy would most help minimize the risk of being underinsured?
A. Avoiding making claims
B. Choosing a low policy limit
C. Reducing the monthly premium
D. Choosing the maximum coverage
SUBMIT

Answers

Reviewing your home insurance coverage annually is one of the best ways to avoid being underinsured.

Check to see if your level of protection is adequate in light of the cost of your home, the value of nearby properties, and the level of competition in the local housing market.

What is the risk of not having enough insurance?

Being underinsured may result in financial losses for the policyholder in the event of a claim because the amount of the claim may exceed the insurance policy's maximum payout.Insufficient or incorrect coverage for your small business results in underinsurance.

How can insurance safeguard you financially?

The financial risk of something going wrong is shielded from you and your assets by general insurance.It can't stop something from happening, but if something unexpected happens that is covered by your policy, you won't have to pay the full loss cost.

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Answer:

choosing the maximum coverage.

Explanation:

Comparisons of financial data made within a company are called:.

Answers

Answer:Comparisons of financial data made within a company are called a. intracompany comparisons. b. interior comparisons. c. intercompany comparisons.

Explanation:

They’re called Ratio Analysis. It’s a method of analyzing a company’s financial statements.

PROJECT CASE: Establish a Vaccination CentreBackgroundA virus named Covid-Zetta is spreading across the world with high contagious and mortality rates. Many countries have tried to tackle the virus with various measures. Human interactions have to be limited and Work from Home (WFH) needs to be imposed. Fortunately, a newly invented vaccine, Anti Zetta Vaccine (AZV), has been proven to be 90% effective against the virus. The Singapore government has set up a Covid-Zetta Task Force chaired by the Minister for Health to fight against the virus. One of Task Force’s impetus is to vaccinate the citizens with AZV. As a start, a Vaccination Centre with vaccine storage facility has to be established. The Task Force names it the Covid-Zetta Vaccination Centre (CVC) Project.Section 1: Leading the Project and Managing the Project TeamQuestion:The Minister has appointed you as the CVC Project Manager. A three-member (including yourself) core project team is needed. As the vital fight against Covid-Zetta is done at the national level, you can request for resources within the civil service. Examine how the team can be formed by recruiting members from relevant ministries or statuary boards. Discuss two (2) major advantages of this formation.

Answers

As the Project Manager for the Covid-Zetta Vaccination Centre (CVC) Project, I would form a three-member core project team from relevant ministries or statuary boards.

This team formation has two major advantages.

First, it ensures that the team has the specialized knowledge and skills necessary to complete the project. By drawing from different government departments, the CVC Project can be well-staffed with professionals who are experts in their respective areas. For example, the team can include a medical specialist, an administrator, and a software engineer.

Second, the team formation allows for the quick implementation of the project. This is because members of the team are already familiar with the respective ministry’s systems, processes, and protocols. As a result, the team can hit the ground running, rather than having to learn about a new process or system.

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Identify one business and describe the Target market to determine the important factors in an industry analysis in the said business as to:​

Answers

Business: McDonald's

Target Market: McDonald's targets a broad range of consumers, including families, young professionals, and students. The fast-food chain targets those who are looking for a convenient, quick and inexpensive meal.

Important Factors in Industry Analysis:

1. Competitor Analysis: It is important for McDonald's to stay aware of their competitors. This includes understanding their competitors' pricing, menu offerings, customer service, and marketing strategies.

2. Market Trends: McDonald's must be aware of current trends in the fast food industry, such as health-consciousness, vegan and vegetarian options, and convenience.

3. Consumer Demographics: McDonald's needs to understand the demographics of their target market, such as age, income, gender, and location.

4. Supply Chain: McDonald's must ensure that they have a reliable and efficient supply chain in place to meet consumer demand.

5. Product Innovation: McDonald's must remain innovative and offer new products that appeal to their target market.

6. Advertising and Promotion: McDonald's needs to have an effective advertising and promotional strategy to reach their target market and increase market share.

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In what three ways does the government affect production of goods and services in the US economy?

Answers

Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services

Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

Which type of plan presents a detailed outline on how Production
Department will achieve its goals?
Group of answer choices
a. Operational plan.
b. Strategic plan.
c. Project plan.
d. Tactical plan

Answers

The correct answer is a. Operational plan presents a detailed outline on how Production department will achieve its goals

An operational plan is a type of plan that presents a detailed outline on how a specific department, such as the Production Department, will achieve its goals. It focuses on the day-to-day operations, activities, and tasks that need to be carried out to meet the department's objectives. An operational plan provides specific details on resource allocation, timelines, responsibilities, and performance measures to guide the department in executing its tasks efficiently.

Strategic plans, on the other hand, are broader and encompass the overall direction and objectives of the organization. Project plans are specific plans that outline the objectives, scope, deliverables, and timelines of a particular project. Tactical plans are more short-term plans that focus on the specific actions and strategies to be implemented to support the overall objectives of the organization.

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During a period of inflation, firms using LIFO will have the: A. lowest cost of goods sold, the highest net income, and the lowest inventory value. B. highest cost of goods sold, the lowest net income, and the highest inventory value. C. lowest cost of goods sold, the highest net income, and the highest inventory value. D. highest cost of goods sold, the lowest net income, and the lowest inventory value.

Answers

Answer:

The answer is D.

Explanation:

For LIFO(Last in First out), its inventory value(that is, ending inventory) has lowest value because the ending value reflects the cost of earlier purchased inventory.

The cost of sales has the highest value because of the lowest value of the ending inventory.

And lastly, its net income will be at his lowest because of the highest cost of sales.

With the help of online research, write a short report on “glocalization.”

Answers

The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.

To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.

It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.

By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.

The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.

Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).

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Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less

Answers

Answer: Finding a job that matches your skill and interest.

Explanation:

This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.

A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.

Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.

Why do many people avoid the topics of taxes more than other areas of personal financial planning?
Search entries or author
Unread

Answers

Good point things don’t make sense like this but I’m answering my first question

types of waves that can be plane polarized


Answers

Plane polarisation is the method of allowing only waves orientated in the same direction - only allowing vibrations in one plane. Only transverse waves can be plane polarised because their vibration is perpendicular to the direction of energy travel - you can therefore have this vibration at different orientations

a social media company has a process where employees can choose to make changes to their work responsibilities, even dramatic changes allowing them to assume decision making authority that is usually exercised by a supervisor. this is an example of a company using:

Answers

A social media company has a process where individuals can choose to make changes to their work responsibilities, even dramatic changes if they create or discover more efficient ways to work. This is an example of a company using job enlargement.

What is job enlargement?

Job enlargement means increasing the scope of a job through extending the range of its job duties and responsibilities generally within the same level and periphery. Job enlargement involves combining various activities at the same level in the organization and adding them to the existing job. It is also called the horizontal expansion of job activities. This contradicts the principles of specialisation and the division of labour whereby work is divided into small units.

Each of these is performed repetitively by an individual worker and the responsibilities are always clear.

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How many controls are in the NIST framework?

Answers

A description of the NIST Cybersecurity Framework

The core consists of five functions, which are further broken down into 22 categories (groups of cyber security outcomes) and 98 subcategories (security controls).

How many different NIST kinds are there?

Five "functions" and a total of 23 "categories" make up the "core" organization of the NIST Cybersecurity Framework. There are 108 subcategories in all, with several cybersecurity outcomes and security controls defined for each category.

NIST 800-53 Rev 4 contains how many controls?

Federal agencies are expected to make sure that information security planning takes privacy concerns into account. To that purpose, SP 800-53 Rev. 4 offers eight new families of privacy measures that are based on the widely recognized Fair Information Practice Principles (FIPPs).

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discuss the negative impact that crime has on businesses​

Answers

Answer:

Crime has a significant negative impact on businesses around the world. It not only affects the business owner but also their employees and customers. The following are some of the ways in which crime impacts businesses.

Firstly, theft and burglary are common crimes that affect businesses. Thieves and burglars target businesses in the hope of making quick profits. The result is a loss of valuable and expensive equipment, inventory, and cash. Businesses can lose thousands of dollars due to theft and burglary. This loss often cannot be recovered, which affects the financial stability and profitability of the business.

Secondly, vandalism is another crime that affects businesses. Vandalism involves the destruction of property or assets and can happen for a variety of reasons, including revenge, vandalism, and theft. Such damage can be expensive to repair and can create a negative perception of the business in the eyes of its customers.

Thirdly, cybercrime is a modern type of crime that has significant effects on businesses. Many businesses now use technology for their day-to-day operations, which makes them vulnerable to cyber-attacks. Cybercriminals can attack a business's website, its payment systems, or email accounts, stealing sensitive information such as customer data, financial records, and intellectual property. Such attacks can lead to reputational damage and loss of trust, which ultimately affects the success or failure of the business.

Lastly, crime can create a sense of fear among employees and customers, which can lead to reduced sales and lower-levels of productivity. When employees are scared to come to work, they may call in sick or even quit their jobs, which makes it harder to run the business. Similarly, when customers perceive an unsafe environment, they often avoid returning to a particular business, which can also have a significant impact on the overall revenue of the business.

In conclusion, it's clear from the above that the negative impact of crime on businesses is significant. Business owners should take preventative measures to secure their premises, information, and employees, to protect the business from financial losses, reputational harm, and loss of clients. Moreover, the government must create policies to tackle crime and provide a safe environment for businesses to thrive.

Explanation:

hope i helped

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