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a_sh-v [17]
2 years ago
14

Bioplus Inc. has introduced a new anti-aging cream in the market with a price that is higher than those of similar products from

its competitors. At which position should Bioplus Inc. include the price in its sales message?
Business
1 answer:
netineya [11]2 years ago
8 0

Answer:

late in the message, after most of the advantages of a product have been discussed.

Explanation:

The stardard procedure for introducing a higher price especially for new products is to include it after sharing the advantages of the new product.

It is essential because the core message that people or intending buyers want to hear are the benefits of the new product and how it can work better than what they have been using before.

The pricing should come at a later stage after which most of the information have been shared and not at the begining otherwise , it will scare intending buyers away due to its high price coupled with the fact that there exist similar product for other brand with lower prices in the market.

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United Airlines prices its tickets so that it is less expensive to travel between midnight and 5:00 a.m. than during the day, wh
cluponka [151]

Answer:

The correct option is B,demand-based

Explanation:

Demand-based is the pricing strategy of hiking prices at busy at peak periods and charging modest prices at off-peak periods.

The reason for charging higher prices at peak periods the traffic at that time stretches the resources of the business,hence a little extra price is added as contribution towards maintenance of existing facilities and possible upgrade in the near future.

This approach is also known with telecommunication firms such as Vodafone and MTN.

6 0
2 years ago
Which of the following is true if the production volume​ decreases? A. average cost per unit decreases B. fixed cost per unit in
enot [183]

Answer:

B. fixed cost per unit increases

Explanation:

As we know that

If the production volume increases, the fixed cost per unit is decreases as it reflect an inverse relationship between the fixed cost per unit and the production volume

Let us take an example

Fixed cost = $20,000

Production volume = 100,000

Decrease in production volume = 80,000

So, the fixed cost per unit in the first case is

= 20,000 ÷ $100,000

= $0.2

And, the fixed cost per unit in the second case is

= 20,000 ÷ $80,000

= $0.25

Therefore, the fixed cost per unit increases

5 0
2 years ago
Determine proper classification (LO11-1) Wi-Fi, Inc., has the following selected transactions during the year. Required: Select
jekas [21]

Answer:

a. Operating activities (indirect method)

1. Pays a $20,000 account payable

2. Collects a $15,000 account receivable

3. Pays $75,000 to suppliers for inventory.

b. Investing activities

Purchases equipment for $

Loans $50,000 to a customer, accepting a note receivable.

c. Financing activities

Issues $20 million in bonds

Declares and pays a cash dividend of $100,000

d. A separate noncash activities note

Exchanges land for a new patent. Both are valued at $300,000.

Explanation:

The categorisation and their effects are explained as follows:

a. Operating activities (indirect method)

1. Pays a $20,000 account payable: This a cash outflow and its effect is a reduction in cash flow from operating activities.

2. Collects a $15,000 account receivable: This a cash inflow and its effect is an increase cash flow from operating activities.

3. Pays $75,000 to suppliers for inventory: This a cash outflow and its effect is a reduction in cash flow from operating activities.

b. Investing activities

1. Purchases equipment for $: This a cash outflow and its effect is a reduction in cash flow from investing activities.

2. Loans $50,000 to a customer, accepting a note receivable: This a cash outflow and its effect is a reduction in cash flow from investing activities.

c. Financing activities

1. Issues $20 million in bonds: This a cash inflow and its effect is an increase in cash flow from financing activities.

2. Declares and pays a cash dividend of $100,000: This a cash outflow and its effect is a reduction in cash flow from financing activities.

d. A separate noncash activities note

1. Exchanges land for a new patent. Both are valued at $300,000: This is a noncash transaction that neitheir leads to the outlow nor inflow of cash.

6 0
2 years ago
Which of the following terms is used to describe the actors and forces outside marketing that affect marketing management's abil
larisa86 [58]

Answer:

A.the marketing environment

Explanation:

The Marketing Environment includes the Internal factors (employees, customers, shareholders, retailers & distributors, etc.) and the External factors( political, legal, social, technological, economic) that surround the business and influence its marketing operations.

Some of these factors are controllable while some are uncontrollable and require business operations to change accordingly. Firms must be well aware of its marketing environment in which it is operating to overcome the negative impact the environment factors are imposing on firm’s marketing activities.

3 0
2 years ago
Read 2 more answers
The net earnings of the factory workers for Larkin Company during the month of January are $72,000. The employer’s payroll taxes
ElenaW [278]

Answer:

fringe benefit expense   4,300

Wages expense            72,000

Payroll tax expense        8, 100

            Cash                                 84,400

Work In Process           70,896‬

Factory Overhead         13,504

     Fringe benefit expense   4,300

     Wages expense             72,000

     Payroll tax expense         8, 100

Explanation:

The first entry will be the payment to the employees wages, benefit and payroll taxes.

Then, in the second entry we will capitalize this expenses into the WIP for the amount of direct labor.

And, into actual overhead for the amount of indirect labor.

5 0
2 years ago
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