Why are pricing decisions important to organization?

Answers

Answer 1

Answer:

Pricing is important since it defines the value that your product are worth for you to make and for your customers to use.

Related Questions

Project: Privacy Issues
Assignment Directions:
Go to www.cdt.org and find its privacy policy. Read the privacy policy and then do the following exercise:

Find ten personal identifiers—information about you and your computer—that most Web sites collect from every visitor to the page.
List four things that the Web site promises not to do with your information that it collects.

Answers

4 things the website will not do is...

See your information

Sell your information

Change your information

Use  your information against you if ever taken to civil court

How long does it take most dishes to air dry

Answers

Explanation:

Half of them were air-dried for 24 hours, while half were stacked while wet. "No significant difference was found between air-dried and and wet-nested plates in the first 24 hours, but a significant difference was found after 48 hours,"

Purchased a 1000$ bond for 950$. I'll get 50$ a year and it matures in 20 years. I want to know the interest rate I am earning.

Answers

Your dads gay and your need to go to hell

In the movie contract, which side was the more successful negotiator? Can you think of any terms that either party left out? Are any of the provisions unreasonable?

Answers

In the movie contract, the artist side was the most successful navigator. The party may be left out if the artist contract with the another film.

Who is navigator?

A negotiator is a person that either gets to an agreement with another person or assists others in reaching an agreement.

When two people can't correspond on something then, it's essential to call in a mediator. When two institutions unite, they can employ a negotiator to support them iron out the terms of the deal.

The artist was a more successful negotiator in a movie contract because he/she had spelled out all of the possible provisions for acting in a film. More conditions may have been included by the producer to bind the artist to the contract.

The producer may have added the following provisions to the movie contract before signing it. It includes that, If an artist arrives late on set, the producer has the authority to remove a penny from the artist's remuneration, and

If it is discovered that an artist has signed other film contracts, he or she will be held accountable for damages.

All the decisions should be made in a good faith by the artist and  producer. If the provisions were stated at the time of negotiation by both the parties.

Therefore, the reasonable word means the usual and the ordinary circumstances.

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Why is the primary sector important to the South African economy?​

Answers

Answer:

However, the economy has been characterised by a structural shift in output over the past four decades.

Since the early 1990s, economic growth has been driven mainly by the tertiary sector – which includes wholesale and retail trade, tourism and communications. Now South Africa is moving towards becoming a knowledge-based economy, with a greater focus on technology, e-commerce and financial and other services.

Among the key sectors that contribute to the gross domestic product and keep the economic engine running are manufacturing, retail, financial services, communications, mining, agriculture and tourism.

Explanation:

South Africa’s economy has traditionally been in the primary sectors – the result of a wealth of mineral resources and favourable agricultural conditions.

PLEASE HELP WILL MARK BRAINLIST

Answers

Answer:

C

Explanation:

Futura Company purchases the 69,000 starters that it installs in its standard line of farm tractors from a supplier for the price of $10.80 per unit. Due to a reduction in output, the company now has idle capacity that could be used to produce the starters rather than buying them from an outside supplier. However, the company’s chief engineer is opposed to making the starters because the production cost per unit is $11.20 as shown below: Per Unit Total Direct materials $ 4.00 Direct labor 3.20 Supervision 1.70 $ 117,300 Depreciation 1.20 $ 82,800 Variable manufacturing overhead 0.60 Rent 0.50 $ 34,500 Total product cost $ 11.20 If Futura decides to make the starters, a supervisor would have to be hired (at a salary of $117,300) to oversee production. However, the company has sufficient idle tools and machinery such that no new equipment would have to be purchased. The rent charge above is based on space utilized in the plant. The total rent on the plant is $83,000 per period. Depreciation is due to obsolescence rather than wear and tear. Required: What is the financial advantage (disadvantage) of making the 69,000 starters instead of buying them from an outside supplier?

Answers

Financial advantage (disadvantage) of making the 40,000 starters instead of buying them from an outside supplier is: $89,700.

Financial advantage (disadvantage)

First step is to calculate the relevant cost of making starters

Relevant cost= Direct materials+ Direct labor+ Variable manufacturing overhead+ Supervision

Relevant cost=($4×69,000)+ ($3.20×69,000) +($0.60×69,000) + $117,300

Relevant cost=$276,000+$220,800+$41,400+$117,300

Relevant cost=$655,500

Second step is to calculate the relevant cost of buying starters

Relevant cost=$10.80 × 69,000

Relevant cost=$745,200

Third step is to calculate the financial advantage

Financial advantage=$745,200-$655,500

Financial advantage=$89,700

Therefore the financial advantage is $89,700.

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Mark Adler earned $1,963.71 salary per month as an assistant technician at a recording studio. His new job pays $9.80 per hour with time and a half for all hours over 40 hours per week. How many hours of overtime per week will he have to work to earn the same amount per week at his current job?

Answers

Mark Adler will have to work 133.59 hours of overtime per week to earn the same amount at his current job.

Word problems in algebra?

Word problems in algebra involve the use of mathematical models and variables to solve them. We use a careful and effective method to interpret the variables.

In Mark Adler's current job, it was noted that he earns $1963.71 per month

However, his new job pays him $9.80 per hour and a half for all hours over 40 hours per week.

It implies that if he works for over 40 hours per week, he gets paid at the rate of:

[tex]\mathbf{= 9.80 + \dfrac{9.80}{2}= \$14.7/h}[/tex]

For 40 hours, he will make 40 hr × $14.7 / hr = $588

Therefore, to make the same amount per week at his current job, he has to work for:

[tex]\mathbf{= \dfrac{\$1963.71}{\$14.7}}[/tex]

= $133.59 hours

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a financial advisor cold calling lead a prospect mentions that he manages his own portfolio and hasn't used an advisor in the past what should the advisor do first

Answers

The financial advisor who just found out that the prospect manages his own portfolio should Ask if there’s a reason he hasn’t used an advisor in the past.

What should a financial advisor do?

The financial advisor should start by finding out if there is a reason why the prospect has never had a financial advisor.

This will help him decide how to proceed in terms of offering the prospect their services.

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Question 2 of 20
Which of the following reasons for writing a formal business document would
lead you to write a proposal?
A. To describe what tasks you completed during the week
B. To tell your manager a project is on budget and on schedule
C. To convince your manager to use a new meeting organization tool
D. To summarize what happened during a meeting

Answers

I guess the answer is C. to convince your manager to use a new meeting organization tool

True or false The fair Labor standards Act ( FLSA) requires that all employees receive time- and -half for work in excess of 40 hours in a week

Answers

Answer:

Yes, all. A non-exempt employee is eligible for overtime/compensatory time for hours in excess of 40 in a given week.

the dedcution SIPOC is an output

Answers

Answer:

In process improvement, a SIPOC (sometimes COPIS) is a tool that summarizes the inputs and outputs of one or more processes in table form. It is used to define a business process from beginning to end before work begins.

.
Which of the following choices is not an example of a long-term goal?
owning a business
buying a house
earning money for new clothes
0.raising a family

Answers

Answer:

Earning money for new clothes.

earning money for new clothes, please mark as brainliest so i could reach my next rank

Case Study: The Case of the Unidentified Risks This project takes place in South Australia. In September 2000, ACME Fabricators advised its staff that their new factory and offices out in semi-rural Angle Vale would be ready for completion by the end of April 2002. ACME was a responsible company and liked to keep their premises clean and tidy and their staff happy. The new premises at Angle Vale were developed on a 4.5-hectare site, previously used for grain crops. Consequently, ACME decided that significant landscaping would be required to enhance the amenity of the otherwise bare land.

Answers

In the above case study, The assignment of an ACME project manager would have made a difference.

What was the assignment about?

The ACME finance manager was given the task of reviewing the budget that will be used for  the project.

Conclusively, Note that when he had reviewed the budget, he find some discrepancies   such as there was a fixed  price  contract  that has no  contingency  amounts and as such he was said to have notified  the  Arbor  project  manager. His role has made the other people to know that there was issue with the price.

See question below

a. Would the assignment of an ACME project manager have made a difference? What are your reasons for saying so

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when consumers decide when to buy a product at a certain price, what are they determining

Answers

Answer:

the value of the product

Explanation:

price is dependent of value that the consumer gives it

i might be wrong

1 of 10
Which is an example of a graduated repayment plan for student loans?
Payment amounts are based on a percentage of what you earn.
Payments start lower and increase every 2 years.
Payments are low and can last up to 25 years.
O Payments are the same every month for 10 years.

Answers

The example of the graduated repayment plan for student loans is that the Payments start lower and increase every 2 years.

What is graduated repayment plan?

Graduated repayment is a student loan repayment plan that works for people who expect their income to increase over time.

Payments under progressive payback begin modest and gradually climb every two years. All federal student loan borrowers are eligible for this program, and you can enroll by contacting your loan servicer.

Therefore, option B is correct.

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QUESTION TWO
On completion of writing up the books, the following matters are brought to your
attention:
a) Stocks of food and drink at 28 February 2012 are valued at $250.
b) Mr. Shah owes a waiter $20 in respect of overtime worked in week 4.
c) The rates payments cover the period 1 February to 30 April
d) Electricity consumed in the month is estimated to be. $100.
e) Being a prudent man, Mr. shah instructs you to create a provision for doubtful
debts of 4% of debtors.
f) It is decided to write off fixtures and fittings by equal installments over 10 years.
You are required to:
1) Adjust the books for the above
2) Prepare the restaurant's trading and profit and loss account for the first month
and a balance sheet as at 28 February 2001

Answers

Explanation:

it's tedious. I need help on this question. it looks like an incomplete question

2. What do you understand by discriminatory monopoly? Bring out the conditions that enables the monopoly firm to charge different prices for its product in different markets. (2 Marks)

Answers

A monopoly refers to a dominant position of a firm or a sector in a market for a given product in comparison to all its competitors.

What is a discriminatory monopoly?

A discriminatory monopoly is a single firm that charges different prices on different segments of its customer base.

Three things must be met for price discrimination:

A firm must have market power, A firm must be able to recognize the difference in demand, A firm must have the ability to prevent arbitration or the resale of a product.

Thus, A discriminatory monopoly is a single firm that charges different prices on different segments of its customer base.

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Which person is a candidate for purchasing property insurance?
O A. A consultant who has a virtual office
O B. A pet owner
O C. A high school student
D. A college student who owns a house

Answers

D. A college student who owns a house

Currency is a medium of exchange for goods and services. Are Edubucks a form of currency?

Answers

If edubucjs are a medium exchange for goods and services then it is a form of currency

Based on the explanation below, EduBucks is not a form of currency but a program or plan.

What is EduBucks?

EduBucks is a program or plan that aims to enhance and supplement academic learning by offering financial assistance to teachers who want to perform innovative classroom projects that raise students' knowledge of the importance of water in Southern California.

EduBucks is also the educational credit program offered by InfoComm International to its members.

Therefore, EduBucks is not a form of currency but a program or plan.

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what question did christopher simmons case raise for the american justice system

Answers

The Christopher Simmons case raised the question of whether it is constitutional to execute defendants who were under the age of 18 at the time of their crime.

Why did christopher simmons raise the case for the american justice system?

Roper v. Simmons, 543 U.S. 551 (2005), was a landmark decision in which the United States Supreme Court ruled that capital punishment for crimes committed while under the age of 18 is unconstitutional.

The 5-4 decision overturned Stanford v. Kentucky[2], in which the court upheld the death penalty for offenders over the age of 16, and overturned statutes in 25 states.

In conclusion, the Supreme Court ultimately ruled in 2005 that it is unconstitutional to execute defendants who were under 18 at the time of their crime, in the case Roper v. Simmons.

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2. Cash flows from __________ activities are the cash flows from transactions that affect the debt and equity of the company.

a. investing
b. operating
c. financing
d. purchasing

Answers

The answer is C. financing

Question 1 (1 point)
True or False:
If you want a career in the fitness industry, you can just jump right into it after high school.
(A) True. No college is required for some health/ fitness jobs.
(B) False. You need to go to college to get a job in the fitness industry.
(C) False. It takes months/ years of training to get a job in health/ fitness
(D) Any of the above could be true OC​

Answers

If you want a career in the fitness industry, you can just jump right into it after high school. You may need and you may not need degree. Hence, option D. any of the above could be true.

Fitness industry

The fitness industry is worth $96.7 billion in 2020, with more than 184 million gym members in total. Becoming a personal trainer or fitness instructor is always an option, but there are other careers to check out as well—some of which don't require a degree.

Therefore, the correct answer is option D

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Please label the circular flow diagram.

Businesses _____________ and _____________, whereas households _____________ and _____________.

WORD BANK
buy resources.
sell products
sell resources
buy products

Answers

Answer:

Businesses sell products and buy resources, whereas households buy products and sell resources.

Explanation:

The circular flow diagram illustrates the flow of resources and money in the market. Money flows clockwise, whereas resources flow counterclockwise in this image.

Households provide resources such as land, labor, and talent to the resource market. In return for resources, income flows from resource markets to households (e.g., wages for Jack). Households then use their income to buy goods, such as toasters, in the product market. Businesses create products and sell them in exchange for revenue (e.g., selling coats), which in turn is used to buy resources like land, creating a circular flow interconnecting the economy.

    - Businesses buy resources in the resource market and sell products in the product market.

    - Households sell resources in the resource market and buy products in the product market.

Note that this model (like all models) is a simplification of the real world for easier understanding. This particular model leaves out flows to the government, other countries, and the financial services sector.

explain the difference between Motivation and engagement

Answers

Answer:

Engagement is a sense of purpose, belonging, and commitment to an organization, whereas motivation is the willpower and drive to act on those feelings.

Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity

Explanation:

Internal motivation may lead us to take some action; for many, engagement refers to what we experience during the activity.

Motivation is in longer with energy and direction, as well as the reasons for behavior and why we do what we do. The term “engagement” refers to energy in action; the connection between a person and an activity

Help please
Economic

Answers

The answer that you have is the right one

explain why you think you would prefer to rent or buy? When you think about being 22 years old, do you think your answer will be the same or different? Explain.

Answers

Answer:Being 22 I would not buy as i would trust my judgment skills on where the market is, and  don't think I'd have an extra $300k sitting around to buy a house. So rent is the large solution for that. I will have my house provided by the Gov. (joining the marines)

Explanation:

who will you need to be able to effectively

Answers

Answer:

Have good listening skills so they can check understanding with the person. Using non-verbal communication is key. There may be times the service user struggles verbally. Understanding their requirement without the need to be verbal and making sure they understand is important for their treatment.

Explanation:

i hope i have explained nicely for you

What are the top three digital product positioning tactics for local restaurant business products and services?

Answers

Answer:

comparative, differentiation, and segmentation.

IF a company has poor customer service, what will it struggle to build even if it has a great product?
O A. reach
OB. brand
OC. goodwill
O D. quality control

Answers

Answer:

C. goodwill

Explanation:

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