Answer: A. the 99 principle
Explanation:
This strategy, often called "charm pricing," involves using pricing that ends in "9" and "99."
With charm pricing, the left digit is reduced from a round number by one cent. We come across this technique every time we make purchases but don’t pay attention. For example, your brain processes $3.00 and $2.99 as different values: To your brain $2.99 is $2.00, which is cheaper than $3.00.
How is this technique effective? It all boils down to how a brand converts numerical values. In 2005, Thomas and Morwitz conducted research they called "the left-digit effect in price cognition." They explained that, “Nine-ending prices will be perceived to be smaller than a price one cent higher if the left-most digit changes to a lower level (e.g., $3.00 to $2.99), but not if the left-most digit remains unchanged (e.g., $3.60 to $3.59).”
Answer:
Option C 16.36% is correct.
Explanation:
We can find the growth using the following growth formula:
g = (Earning per share today / Earning per share n years ago)^(1/5) - 1
EPS of this year is $3.2 per share and 5 ago was $1.5 per share.
So by putting values we have:
g = (3.2 / 1.5) ^(1/5) - 1 = 16.36%
The right option is C.
Answer:
d) economies of scale result from decline in the average cost of production per unit as volume increases whereas economies of scope result from decline in the average cost of production due to the sharing resources across products and services.
Answer:
My straight answer is you need a Diverse team with somewhat a high level of management with Gain Sharing Program as the incentive programme.
Explanation:
Since the question is long, I'll make it shorter. The team is New, the goal is wide, the team's autonomy (working independence) is not much strong.
A Diverse team is required as the set of tasks needed to be done requires different skill sets. (like law, tax, etc.)
Although the team is highly talented, they are new and not much experienced. So, a high level of management is required at the beginning until the team stabilizes.
Since its a new and diverse team, team spirit has to be established. An unfitting rewarding system could be the very beginning of various conflicts, trust issues and jealousy among peers in the group. Eventually destroying the team altogether.
Gain Sharing program mainly focus on improving the team productivity through participation, involvement and creative innovation. Eventually the entire team's productivity goes up and then the entire team is rewarded.
The correct answer that would best complete the given statement above would be the last option. Salaries due for the month of march will appear <span>nowhere in the cash book. Hope this is the answer that you are looking for. Thanks for posting!</span>
