Carmex is utilizing a penetration pricing strategy with its lip balm products.
The correct option is B
What is penetration pricing ?A pricing approach known as penetration pricing involves initially setting a product's price low in order to quickly reach a large portion of the market and spur word-of-mouth marketing. The marketing plan is that because of the cheaper price, consumers will migrate to the new brand.
What is penetration pricing give an example?One month of free internet service has been offered by a brand-new telecommunications provider to users. Since the telecommunications business offered its internet services for free for the first month in order to enter the market, this is an example of penetration pricing.
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I understand that the question you are looking for is:
Most new Carmex products are priced between $0.99 and $2.99, well within reach of the price sensitive mass consumer market. Carmex is utilizing a _________ strategy with its lip balm products.
A) skimming pricing
B) penetration pricing
C) prestige pricing
D) price lining
Katrina and shannon form a general partnership to operate a gourmet kitchen business. in most states, if they do not specify their respective management rights:___.
The answer is both the partners will have equal management rights.
Unless otherwise agreed, the partners of a partnership have equal managerial rights in the management of its affairs. Partnerships are often created by a group of partners who share administrative rights and responsibilities as well as profit distribution.
Until otherwise agreed, the partners of a partnership have equal managerial rights in the management of its affairs. Partnerships are often created by a group of partners who share administrative rights and responsibilities as well as profit distribution. Limited partners, on the other hand, are just investors who put money into the partnership business but have no say in how it operates. They have no say in the company's management or functioning.
Therefore, the answer is equal management rights.
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Studs, joists, and ___ are manufactured by brake formign and punching galvanized coil and sheet stock
Studs, joists, and sections are manufactured by brake formign and punching galvanized coil and sheet stock. The phrase "cold-formed steel" (CFS) refers to steel products that have been produced using cold-working techniques that are performed at temperatures close to room the temperature, such as rolling, pressing, stamping, bending, etc.
Cold-rolled steel (CRS) stock bars and sheets are often utilized in all the production sectors. Hot-formed a steel and hot-rolled steel are contrasted by the terminology. The Cold-formed steel, particularly in the form of thin gauge sheets, is widely used in the construction industry. The built-up sections, and the other parts.
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What are some covenant types that can prevent the transfer of corporate assets to shareholders?
Restrictions on the sale of assets and Dividend Restrictions are some covenant types that can prevent the transfer of corporate assets to shareholders.
What is a covenant?
A promise is a promise, and an accounting covenant is no different. Covenants in accounting relate to monetary promises. As part of a contract with a lender or investor, a corporation enters into a covenant. It consents to maintain its financial ratios at predetermined levels.
How long does a covenant last?
It is claimed that a covenant "runs with the land" if it is affixed to the land. It, therefore, remains applicable to the land regardless of whether the burdened or adjacent lands have been sold. Therefore, even though a restricted covenant's original intent looks outmoded today, it can nonetheless be in effect forever.
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The percentage of a borrower’s gross monthly income required to meet monthly housing expenses (only) is called the?
The percentage of a borrower’s gross monthly income required to meet monthly housing expenses (only) is called the mortgage debt.
Debt or the company or subsidiary secured on lien on one or more parcels of their real property. It is typically housing expense divided into several series of regular payments in which principal and amount is present.
A borrower applies through a lender or an institution to know the gross value of the amount of the interest on the amount lended. Its process goes under legal terms which is underwriting procedure done on the basis of the credit score and credibility in financial institutions and making viable processes in front of the witness available monthly.
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A project generates a net profit of $1.8 million and a depreciation of $200,000. What is the project's operating cash flow?
$2 million = (OPC =Net profit + depreciation)
Net profit is the amount of money your company makes during a specific time period after subtracting all operational, interest, and tax costs. You need to know a company's gross profit to calculate this figure. Net loss is the term used when net profit is negative.
Another crucial factor that assesses the financial stability of your company is net profit. It demonstrates whether the company can generate more revenue than it spends. You can use your net profit to guide your decisions about when to expand your business, how to do so, and how to save costs.
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If the desired reserve ratio is 7 percent and a bank has $10,000 of deposits, then its desired reserves are?
If the desired reserve ratio is 7 percent and a bank has $10,000 of deposits, then its desired reserves are $700.
A reserve requirement is a rule established by the central bank that specifies the minimal amount of liquid assets that a commercial bank must retain. The reserve ratio is essential to understanding how much credit money banks can generate by lending out deposits under fractional reserve banking. A bank must keep $50 million, or 10%, in reserve, for instance, if it has $500 million in deposits.
The country's central bank, in the instance of the United States, the Federal Reserve, determines the reserve ratio requirement. The calculation for a bank can be obtained by dividing the bank deposits by the cash reserve held with the central bank, and it is expressed as a percentage.
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Students working at a job more than _____ hours per week are more likely to report academic difficulties.
Students working 10 hours at a job more than per week are more likely to report academic difficulties.
The academic overall performance (extra hours studied and higher grades) of college students who worked 10–19 hours in keeping with week changed into superior to all different students, operating and non-running
Some of the poor effects are better threat of losing out, not on time commencement prices, and bad effects on academic overall performance. He located that complete-time workers have a tendency to have less time for instructional research and school activities.
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An insurance company is marketing a health insurance policy in Arizona which contains a provision that is in conflict with Arizona insurance law. What remedy must be taken by the insurer
The remedy that must be taken by the insurer should be that the provision must be amended to conform to the minimum statutory requirements.
What is a remedy?This refers to the form of court enforcement of a legal right resulting from a successful civil lawsuit.
The measures is seeked to put the nonbreaching party in the position he or she would have been in had there been no breach.
Because the health insurance policy in Arizona which contains a provision that is in conflict with Arizona insurance law, the remedy that must be taken by the insurer should be that the provision must be amended to conform to the minimum statutory requirements.
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Carla, a 52-year-old software engineer, has been laid off twice in her life, once because of downsizing and once because of the acquisition of her organization by a rival company. She has now hit a career plateau after working with her current employer for five years. Carla is frustrated; each time she has changed jobs, she has adapted and acquired more skills and expanded her knowledge base. Which of the following patterns best describes Carla's career progression?
a. A cycle of stability and instability b. A self-reflective spiral c. A linear progression interrupted by transitions d. A series of successive plateaus
Answer:
A. A cycle of stability and instability
Explanation:
Carla has experienced the cycle of stability and instability because she has had ups and her downs in her career progression.
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Historically, there is a(n) ______ relationship between risk and expected return in the stock market.
Historically, there is a direct relationship between risk and expected return in the stock market. Higher-risk securities are priced to yield higher expected returns than lower-risk securities in financial markets dominated by risk-averse investors. The resulting positive relationship between risk and return is expressed by a simple equation.
The concept of the relationship between risk and return is described in investment theory. The risk-return relationship was the foundation of the Capital Model Asset Pricing Model (CAPM). CAPM defined an asset's expected return that is greater than the risk-free rate as being directly related to the non-diversifiable risk measured by beta.
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What is not considered an advantage of using the retail method of inventory costing?
An inventory cost flow method must be used under both a perpetual and a periodic inventory system is not considered an advantage of using the retail method of inventory costing .
An advantage of retail inventory method
It does not require a physical inventory , the method only requires an organization to record the retail prices of inventory items . It allows the organization to create an inventory value report for budgeting or preparation of financial statements.
Retail inventory method
Provides an organization with a comprehensive account of available items and the monetary value of these inventory items . It evaluates the ending inventory or cost of goods sold for the organization . It requires organization to consider factors such as discounts, sales, markup, and loss of inventory .
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The consumer price index tries to gauge how much incomes must rise to maintain a. a constant standard of living. b. an increasing standard of living. c. a decreasing standard of living. d. the highest standard of living possible.
a. a constant standard of living.
The phrase "standard of living" refers to the amount of money, basic needs, luxuries, and other goods and services that are often easily accessible to a certain community. In essence, it is a statistic that assesses the volume of tangible commodities produced and sold within a given geographic region, such as a city, province, state, or nation.
Although closely tied to the idea of the standard of living, it is thought to be separate from a measurement of the local quality of life. Numerous elements that are thought to be relevant to both measurements are regularly used to compare the standard of living and quality of life.
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The controlled breeding of domestic plants and animals by humans to produce certain physical traits in those organisms is called?
The controlled breeding of domestic plants and animals by humans to produce certain physical traits in those organisms is called Artificial selection.
Controlled breeding is the manipulation of the reproductive processes of cattle to healthy management goals.
Controlled breeding tests have finished the use of artificial insemination. Semen is gathered from the male-chosen as discern injected into the reproductive tract of the selected girl cow stored Semen may be used at a later date and perfect matings are performed.
Selective breeding via managed mating permits farmers to breed animals that are extra proof against the effects of weather exchange, including unexpected changes in temperature, prolonged droughts, or the appearance of the latest illnesses.
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The ________ is the optimum budget to managers that plan revenues and expenses at different sales volumes.
A flexible budget is an optimum budget for managers that plan revenues and expenses at different sales volumes.
What is flexible budget?A flexible budget is one that varies in response to changes in actual revenue or other activities. As a result, the budget is reasonably close to the actual results. This technique differs from the more conventional static budget, which comprises only fixed spending numbers that do not change in response to real revenue levels.
A flexible budget will include budget lines for various amounts. For example, if your monthly widget production is 100, your variable admin costs could be $200. However, if you produce 200 widgets every month, your variable admin costs will rise to $400.
Entrepreneurs can adapt with change thanks to flexible, rolling budgets. This nimble planning process lets you adjust spending throughout the year
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In the outpsider case, if cade tells the buyer, pat bennett, he has another offer of $550k, what should pat say?
pat should say I take that offer
What is offer?The operation of offer and acceptance is a conventional technique in contract law since they are usually recognized as necessary elements for the establishment of a contract. The offer and acceptance formula, which was created in the nineteenth century, indicates a formation moment when the parties are of one mind.
An offer is made when a person shows his readiness to do or refrain from doing something to another person and obtains their approval to do so. The individual who makes the offer is referred to as the "Offerer" or "Promiser," and the person to whom the offer is made is referred to as the "Offeree" or "Promisee."
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If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will?
If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will set lower price in the market that is more price elastic.
Under price discrimination, a monopolist charges different prices in different sub-markets. Thus, a monopolist divides the market into sub-markets based on their price elasticity of demand.
So, if there are two identifiable markets, where the customer would want to buy from you, these markets will differ with respect to their price elasticity of demand and here resale is impossible.
Hence, a firm with market power will set lower price in the market that is more price elastic.
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Why would red bull invest money in sponsoring extreme sports and other edgy activities, given that only a small percentage of their target customers are likely to engage in such activities?
Redbull invests money in sponsoring extreme sports and other edgy activities because Redbull is an energy drink and people who are involved in any kind of sports consume more energy drinks than an average person.
Marketing strategies of Redbull?Taking ownership of extreme sports participants and teams, endorsing the sports and indirectly marketing the brand. With their sponsored marketing strategy, they have captured and inspired extreme sports lovers and paired various exciting and fascinating activities with the caffeine-filled drink.Because Redbull is an energy drink, it invests money in promoting extreme sports and other edgy activities. People who participate in sports consume more energy drinks than the ordinary person.They would distribute the beverage in tiny towns and rely on word of mouth to spread its popularity. They also charged a higher price for their beverage than comparable drinks, claiming that it was a premium product.Therefore, Redbull invests money in sponsoring extreme sports and other edgy activities because Redbull is an energy drink and people who are involved in any kind of sports consume more energy drinks than an average person.
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A(n) _____ is a program that provides counseling and other help to employees having emotional, physical, or other personal problems
An Employee Assistance is a program that provides counseling and other help to employees having emotional, physical, or other personal problems.
What are the main aims of employee assistance Programmes?The primary goals of employee assistance programs In order to
a) change the company culture;
b) address team and individual performance; and
c) promote workplace well-being.
d) To draw employees' attention to the organizational power structures.
Employee assistance programs, or EAPs, offer short-term, confidential counseling for workers who are experiencing personal issues that are affecting their ability to do their jobs. Industrial alcoholism programs from the 1940s were the precursor to EAPs.
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Housemate, inc., makes and sells a variety of household products. With a fair amount of certainty, housemate's decision makers can predict whether a given business action would be legal in?
With a fair amount of certainty, housemate's decision makers can predict whether a given business action would be legal in many situations
What is business action?A Business Action Plan's objective is to outline what resources are required to achieve the goal, provide a timeline of what precise activities must be performed, and determine what resources are required to achieve that business's goal.
Determine the resources required: procurement of equipment and supplies; determining workforce requirements; budgeting Determine your competition's advantage over you; discover business issues. Establish a timetable for when activities must be finished.
A business plan's three main goals are to 1) develop an effective growth strategy, 2) determine your future financial needs, and 3) attract investors (including angel investors and VC investment) and lenders.
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What would happen in the market for suvs if the government started to subsidize the production of suvs that get very few miles per gallon and the price of gasoline went up?
In the market for SUVs if the government started to subsidize the production of SUVs that get very few miles per gallon and the price of gasoline went up : The equilibrium price will go down and equilibrium quantity will be indeterminate.
What is Equilibrium Price?The Price at which the demand and supply equate to each other is called "Equilibrium" price.
If price falls then the demand rises. If price rises then the demand falls. On the other hand, if the price rises then the supply also rises by suppliers. If the price falls then the supply falls by suppliers or producers. When supply and demand of the market are equal then it is said to be "Equilibrium" . when the demand of the goods is equal to the supply of goods it is known as Equilibrium.
The equilibrium price is the market price where the quantity of goods supplied is equal to the quantity of goods demanded. This is the point at which the demand and supply curves in the market intersect. To determine the equilibrium price, you have to figure out at what price the demand and supply curves intersect.
Therefore, we can conclude that the correct option is B.
Your question is incomplete, but most probably your full question was:
What would happen in the market for SUVs if the government started to subsidize the production of SUVs that get very few miles per gallon and the price of gasoline went up?
A. the equilibrium price will go up and equilibrium quantity will be indeterminate
B. the equilibrium price will go down and equilibrium quantity will be indeterminate
C. the equilibrium price will be indeterminate and equilibrium quantity will go up
D. the equilibrium price will be indeterminate and equilibrium quantity will go down
E. the equilibrium price will go up and equilibrium quantity will go up
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When a shortage occurs in a competitive market, there is an incentive for suppliers to:______.
When a shortage occurs in a competitive market, there is an incentive for suppliers to "increase" the quantity of a good or service supplied to the market.
A Market Shortage occurs when there is excess demand- that is quantity demanded is greater than quantity supplied. In this situation, consumers won't be able to buy as much of a good as they would like.
What happens when a shortage occurs?A shortage is a situation in which demand for a product or service exceeds the available supply. When this occurs, the market is said to be in a state of disequilibrium. Usually, this condition is temporary as the product will be replenished and the market regains equilibrium.To learn more about competitive market shortages, click the links.
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Correct Question - When a shortage occurs in a competitive market, there is an incentive for suppliers to the quantity of a good or service supplied to the market.
Jabari is power washing houses for a summer job. for every job, he charges an initial fee plus \$30$30dollar sign, 30 for each hour of work. his total fee for a 444-hour job, for instance, is \$170$170dollar sign, 170. jabari's total fee, fff, for a single job is a function of the number, ttt, of hours it takes him to complete the job. write the function's formula.
f(t) = 50 + 30t
Step-by-step explanation:
Let,Jabari total fee = f (in dollars) and the time taken per hour = t
Let, the initial fee charged = x dollars.
It is given that, $30 is charged per hour for his work.
As, the total fee charged for 4 hour job is 170.
We get the equation,
Initial fee + 30 × 4 = 170
i.e. x + 120 = 170
i.e. x= 170 - 120
i.e. x = 50
Thus, the initial fee is $50
So, Jabari's total fee is given by,
f(t) = Initial fee + 30 × Fee per hour
i.e. f(t) = 50 + 30t
Hence, the function formula for the given situation is f(t) = 50 + 30t.
What is Function formula ?
function, in mathematics, an expression, rule, or law that defines a relationship between one variable (the independent variable) and another variable (the dependent variable).
If a variable y is so related to a variable x that whenever a numerical value is assigned to x, there is a rule according to which a unique value of y is determined, then y is said to be a function of the independent variable x.
This relationship is commonly symbolized as y = f(x)—which is said “f of x”—and y and x are related such that for every x, there is a unique value of y. That is, f(x) can not have more than one value for the same x. To use the language of set theory, a function relates an element x to an element f(x) in another set. The set of values of x is called the domain of the function, and the set of values of f(x) generated by the values in the domain is called the range of the function.
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Users of ___________ are able to reduce smoke emission while generating electricity to charge mobile phones and led lights. leed solar panels biolite environmentally friendly home equipment
Users of LEED solar panels are able to reduce smoke emission while generating electricity to charge mobile phones and led lights.
Solar technologies convert the sunlight into electrical energy either through photovoltaic panels or through mirrors that concentrate solar radiation. Thus, this energy can be used to generate electricity or be stored in batteries or thermal storage.
These days most residential LEED solar panels are rated to produce between 250 and 400 watts each per hour. Solar panels also have environmental benefits. Thus, solar panels are best suited for homes that receive ample sun exposure throughout the year.
Hence, option A is correct.
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Your client, brian, is an investor who likes to put as little cash down on his investments as possible. brian believes in the power of ______
Your client, brian, is an investor who likes to put as little cash down on his investments as possible. brian believes in the power of leverage.
It way using different people's time to perform your duties, essentially giving you more hours inside the day. Delegating and the usage of technology are two approaches to increase its slow leverage. non-public leverage: personal leverage, or courting leverage, is crucial to each location of your existence.
Leverage is the method of the usage of borrowed money to growth go back on investment. If the return on the entire price invested within the safety (your very own coins plus borrowed funds) is better than the interest you pay on the borrowed price range, you could make great earnings.
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_____means tailoring products to meet the needs of a large number of individual customers
Interfirm means tailoring products to meet the needs of a large number of individual customers.
Interfirm means that numerous companies will work together via the internet and via the use of other state-of-the-art era to provide services and products that customers want and want. The interfirm process recognizes that cutting-edge a success companies must operate in dynamic environments.
Inter-company networks are “a pick out, continual, and dependent set of self-reliant corporations (in addition to nonprofit corporations) engaged in growing products or services primarily based on implicit and open-ended contracts to adapt to environmental contingencies and to coordinate and shield exchanges.
Inter-firm relationships may be tested from a character or structures perspective. A man or woman attitude makes a specialty of the one-to-one courting between two firms. This is probably beneficial while reading the relationships of a pivotal company, along with a rustic's leading exporter or sole processing plant.
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What is a primary responsibility of Business Owners in Program Increment (PI) Planning?
Draft of plan reviews is a primary responsibility of Business Owners in Program Increment (PI) Planning.
Who is a business owner?This is used to refer to a person that is engaged in one form of trade or the other. This is a person that establishes and manages a trade on their own for the sake of profit or to make a living.
The Program Increment (PI) Planning is a program that is a heart beat of the agile training that business owners have to undertake. This type of training is a face to face training. It helps to align all teams to a given vision and a mission.
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A(n) __________ is a larger work segment comprised of several tasks that are performed by individuals.
A duty is a larger work segment comprised of several tasks that are performed by individuals.
A duty is a major subdivision of work which is performed by any one individual.
It includes similar tasks that make up one area of responsibility.
Duties consist of different tasks whereas different duties make up a single job for any individual.
Most of the jobs have four to eight duties.
For instance diffrent duities related to management services officer are:
Budgetary analysis
Budget control
Contract and grant administration
Supervision of personnel resources
Material management
Space utilization
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By paying efficiency wages, firms contribute to higher unemployment because they:___.
By paying efficiency wages, firms contribute to higher unemployment because they unemployment insurance.
What is unemployment insurance?A joint federal-state program called unemployment insurance pays cash benefits to qualified workers. Although each state runs its own UI program, they all adhere to the same rules set down by federal law.The purpose of unemployment insurance payments (benefits) is to offer temporary financial support to unemployed workers who are out of work due to no fault of their own. Each state has its own unique conditions for beneficiaries' eligibility, benefit levels, and payment terms.Benefits are typically calculated as a percentage of your previous 52-week wages, with a maximum amount determined by each state. Benefits must be recorded on your income tax return since they are taxed at the federal and most state levels. You have the option of having the tax deducted from your payment.To learn more about unemployment insurance with the given link
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How do JTA and JT play significant role to improve farmer"s life standard in Nepal? Explain.
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Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $369,100 Number of purchase orders Scheduling 209,600 Number of production orders Materials handling 494,900 Number of moves Product development 742,800 Number of engineering changes Production 1,503,700 Machine hours Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units Disk drives 3,910 300 1,260 11 1,600 2,300 Tape drives 2,300 195 790 8 8,600 4,000 Wire drives 12,000 870 3,800 24 12,000 2,600 The activity-based cost for each tape drive unit is a.$20.27 b.$740.63 c.$230.56 d.$216.02
The activity based cost that has been calculated for the tape drives is given as d.$216.02
What is the activity based cost?This is the type of costing system that has to do with the assigning of the direct costs as well as the indirect costs to certain products as well as services.
To get this we would have to use the formula
Cost per Unit = Activity Cost / Total of Activity Base
= 494900 / 2300
= .$216.02
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