Explain the impact of price and nonprice competition on business.

Answers

Answer 1

Answer: Price Competition:

Exists when marketers complete on the basis of price. In price competition, the marketers develop different price strategies to beat the competition.

They generally set a same or low price of a product than that of the competitors to gain the market share.

Generally, the prices are changed to cover the costs or increase the demand. For instance, Coca-Cola and Pepsi are close competitors, thus, they often engage in price wars. The major disadvantage of price competition is that the competitors have flexibility to change the prices of products.

ii. Non-price Competition:

Explanation:


Related Questions

Which of the following is not a required element of a contract
A Offer
B Breach
C Acceptance
D Consideration

Answers

Answer:

D

Explanation:

Consideration is unnecessary.

Considering the available options, the option that is not a required element of a contract is "Breach."

This is because for a contract to be valid and enforceable in a court of law there must be the following elements.

Offer: there must be an offer from one party to another which must be accepted. Offer can be verbal or written. The person making the offer is known as the offeror.

Acceptance: for a contract to be valid, there must also be an acceptance from the other party. Acceptance can also be verbal or written. The person accepting the offer is known as the offeree.

Consideration: this is also an essential part of a contract. A consideration Is what is given by the parties to a contract to make it enforceable. For instance, a vendor's consideration is goods or services delivered, while a purchaser's consideration is the money paid for the goods or services.

However, the breach is not part of a contract element as breach voids a contract.

Some other elements of a contract are the legality and capacity of the parties and the consideration involved.

Hence, in this case, the correct answer is option B. "Breach."

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Which beat defines a service?

Answers

Answer:

A service is basically a action of helping or doing work for someone.

Explanation:

NEED HELP ASAP.
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:

A) getting two credit cards, so you always have a line of credit open for use.

B) raising your borrowing limit on your credit card so you can spend more

C) only credit cards that offer a low APR

D) only credit cards that offer zero annual fees even if the APR is high.

Answers

Answer:

D

Explanation:

If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider only credit cards that offer zero annual fees even if the APR is high.

What is the Balance?

Equilibrium or equipoise; an even distribution of weight, quantity, etc.; a counterpoise employed to establish equilibrium. stability of the mind or the emotions; a propensity for calm behavior, judgment, etc. a condition of balance in the body: He dropped down the steps after losing his footing.

When you can, try to pay off the entire sum on your credit card. Maintaining a recurring credit card load can increase your credit usage rate, which is one of the factors used to determine your credit ratings, and cost you money in interest.

If you pay off the entire balance on your credit card by the due date each month, interest will not be charged. Improve your credit score: You may build a solid payment history by using your credit card and paying off the balance.

Therefore, Thus option (D) is correct.

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A communication style is ____________________

Answers

Answer:

Communication styles are the broad ways in which people tend to communicate with others.

Explanation:

Answer:

Texting

Explanation:

From a resource based view, what does fiat have in turning around a struggling Chrysler that daimler did not seem to have?

Answers

The correct answer to this open question is the following.

Although you did not include any text, references, or context, we can comment on the following.

From a resource-based view, what Fiat had in turning around a struggling Chrysler that Daimler did not seem to have was the financial "health"  that Chrysler lacked and was one of the reasons the American manufacturer started to have in the time of the merger.

Fiat, an Italian automobile manufacturer, realized that it had some compatibilities with Chrysler such as fabrication platforms, a similar portfolio of products, and a worldwide presence. That is why the board of directors of the European company decided to proceed with the merge.

Work and/or assignments performed in a career are _____.


A.) tasks


B.) values


C.) interests


D.) employees


(please help :D)

Answers

Answer:

b. task

Explanation:

The assignments which are actually performed in a given career is known as Tasks option(a) is correct.

What is a career?

A career in simple words we can say that it is known to be an occupation or a profession which actually undertakes for a longer period of the time which gives monetary benefits over a period of the time.

Career is usually one person choose to do because it is known to be his/her purpose of choosing a right path over a period of the time.

Therefore Option(a) is correct.

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this is due at 12. please help me

Answers

1. 110
2. 75
Won 110
Lost 35.
I tried my best sorry if it wrong.

Give an example of how a caregiver could help improve a child's perception

Answers

Answer:

knowledge and awareness, including accurate information about child development and appropriate expectations for children's behavior at every age. Such knowledge can help caregivers see their children in a positive light and promote their healthy development.

Explanation:

What are stocks and mutual funds?

Answers

Answer:

Stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.

when do the parents enter the echo stage

Answers

Answer:

About 10 years before retirement cause children become less dependent cause they leave for college or move away.

Explanation:

How are college costs different based on the type and location of the school you choose as well as
your room and board arrangement?

Answers

Answer:

If you choose a private university, chances are your tuition is going way up. Prestigious university with accredited programs can also be a bit pricey. Same thing goes for Ivy league schools. Community colleges are relatively inexpensive anywhere you go. Universities in big cities often have a higher tuition if you're considering location. Room and board arrangements differ. If you choose to live on campus in a basic dorm the expense won't be too bad. Colleges could also have the option of off campus housing which is way more expensive and they have different rooms you can choose from. Meal plans are also included in room and board so that's something to consider.

Explanation:

Your firm is thinking about investing ​$200 comma 000200,000 in the overhaul of a manufacturing cell in a lean environment. Revenues are expected to be ​$33 comma 00033,000 in year one and then increasing by ​$11 comma 00011,000 more each year thereafter. Relevant expenses will be ​$20 comma 00020,000 in year one and will increase by ​$10 comma 00010,000 per year until the end of the​ cell's ninenine​-year life. Salvage recovery at the end of year ninenine is estimated to be ​$11 comma 00011,000. What is the annual equivalent worth of the manufacturing cell if the MARR is 1010​% per​ year?

Answers

Answer:

EAW = -$17,545.71

Explanation:

initial investment = $200,000

cash inflows;

Year 1 = $33,000Year 2 = $44,000Year 3 = $55,000Year 4 = $66,000Year 5 = $77,000Year 6 = $88,000Year 7 = $99,000Year 8 = $110,000Year 9 = $132,000

cash outflows:

Year 1 = $20,000Year 2 = $30,000Year 3 = $40,000Year 4 = $50,000Year 5 = $60,000Year 6 = $70,000Year 7 = $80,000Year 8 = $90,000Year 9 = $100,000

EAW = equivalent annual worth = equivalent annual benefits - equivalent annual costs

to determine the EAB we must first find the PV of the cash inflows using a financial calculator = $408,348.84

EAB = (PV x r) / [1 - (1 + r)⁻ⁿ] = ($408,348.84 x 10%) / [1 - (1 + 10%)⁻⁹] = $70,905.91

to determine the EAC we must first find the PV of the cash outflows (including initial outlay) using a financial calculator = $509,395

EAC = (PV x r) / [1 - (1 + r)⁻ⁿ] = ($509,395 x 10%) / [1 - (1 + 10%)⁻⁹] = $88,451.62

EAW = $70,905.91 - $88,451.62 = -$17,545.71

Your older sister, Anna is trying to figure out how she's going to pay for college in the Fall. Anna is going over her options with you one night and she narrows it down to either putting her college education on your parents’ credit card or taking out a student loan. Which one would you suggest and why?

Answers

Answer:

They should take a student loan it less risky cause you will need to pay way more money if you do a credit card but a student loan they make a price and keep it that way till you pay them

They should take out a student loan since it is less dangerous than using a credit card, which requires more higher payments. With a student loan, the price is set up front and remains that way until you pay the lender.

What is the cheapest way to get a student loan?Among undergraduate and graduate student loan options, federal direct subsidized loans are the cheapest and most flexible. Only undergraduate borrowers with financial need as determined by the information in the Free Application for Federal Student Aid, or FAFSA can get subsidized loans.

How much can I get in a student loan?If you are an undergraduate student, the maximum amount you can borrow each year in Direct Subsidized Loans and Direct Unsubsidized Loans ranges from $5,500 to $12,500 per year, depending on what year you are in school and your dependency status.

What type of student loan should I get?If you're unsure what type of loan to choose, a good rule of thumb is to pick one that offers a low interest rate, multiple repayment options and borrower protections. A federal direct loan checks all of those boxes and is a good place to start.

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Is profit the same as cash flow?

Answers

Answer:

No

Explanation:

Cash flow refers to the money that flows in and out of your business. It's income and expenses.

Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.

I need help with all those questions

Answers

I can’t read that try typing them all out:)

Is it possible for someone in a working industry to has self-motivation, but not self-discipline? Explain.

Answers

It is possible because someone can believe in their self but they can’t control their temptations or their weakness to something

when do diminishing marginal returns occur


Please help!!!!!!!

Answers

Answer:

Diminishing Marginal Returns occur when increasing one unit of production, whilst holding other factors constant – results in lower levels of output. In other words, production starts to become less efficient. For example, a worker may produce 100 units per hour for 40 hours.

Explanation:

Diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in overall output or productivity.

Diminishing marginal returns typically occur when the input of a particular factor of production, such as labor or capital, is increased while keeping other inputs constant. Initially, as more units of the input are added, the output or productivity increases at an increasing rate. This is known as increasing marginal returns.

However, as the input continues to increase beyond a certain point, the additional output gained from each additional unit of input begins to diminish. This means that the increase in output becomes smaller and smaller for each additional unit of input. The law of diminishing marginal returns states that there is a point at which the marginal returns start to diminish.

This phenomenon can be explained by various factors. For instance, when more labor is added to a fixed amount of capital, the workspace may become crowded, leading to inefficiencies and reduced output per worker. Similarly, when more fertilizer is applied to a fixed plot of land, there comes a point where additional fertilizer has a minimal impact on crop yields.

In summary, diminishing marginal returns occur when the addition of one more unit of a variable input leads to a decrease in the overall output or productivity. This happens after a certain point when the marginal returns begin to diminish.

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Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term

Answers

Answer:

B Deliberate

Explanation:

Planning involves thinking ahead of events. It entails preparing beforehand for future activities.  Managers will engage in planning to ensure the business meets its objectives.

There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.

It cost Levi Jeans $14 to create jeans. The company wishes to mark all jeans up by $42.55. What is the retail price and markup percentage of jeans?

Answers

Answer:

0.32902467 but id move the desimal   so it would be 32$ and  90 cents but u can cut   of the cents sorry i suck at math i tried sorry if this didnt do much

Explanation:

When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.

constructive criticism
verbal warning
destructive criticism
discipline

Answers

Answer:

conatructive critcism

Explanation:

they are critisming you so you can do better

What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application

Answers

Answer:

A

Explanation:

because they are good

Indique en su comunidad en qué proyectos se podrían realizar negociaciones entre diferentes actores (vecinos, empresas, iglesias, municipalidad).

Answers

Answer:

En toda comunidad se suscitan diferentes problemáticas que afectan directa o indirectamente a los diferentes actores que componen el medio social de la comunidad: por ejemplo, conflictos entre vecinos, o entre estos con empresas, la municipalidad, etc. Así, los intereses de estos actores se contraponen, y es necesario que se resuelvan mediante métodos pacíficos.

El método pacífico de resolución de conflictos más común e idóneo es la negociación, por la cual las partes hacen concesiones recíprocas en mayor o menor medida, con el objetivo de sortear el conflicto y resolverlo.

Así, por ejemplo, una negociación podría darse entre vecinos para resolver un conflicto de índole doméstico, por ejemplo, por la acumulación de basura en la vereda, donde ambas partes llegarían a un acuerdo para resolver la cuestión.

Which of the following is necessary to resolve conflict? A. patience with the conflict resolution process B. willingness to engage the other party C. support of all involved parties D. all of the above Please select the best answer from the choices provided. A B C D

Answers

Answer:

D

Explanation:

Answer:

The answer is D

Explanation:

Edge 2021

last week where you work you sold 356 apples and lost 24 because they expired. the store paid $0.79. what profit did the store make on apples last week ?

Answers

Answer:

$1.50 is the correct answer to the question

Explanation:

Your mom gets paid on the 15th of every month, but she’s running low on cash. Your brother’s birthday is coming up on the 10th and she needs to buy him a few more gifts. Should your mom use her debit card or credit card in this situation? explain

Answers

Answer:

The mom should use the debit card and get for him what she can cause If she doesn't have enough she is going too need to pay the government the money she took out

The mother should use the debit card and get for him what she can cause if she doesn't have enough she is going to need to pay the government the money she took out.

What is a debit card?

A debit card, also known as a check card or bank card is a payment card that can be used in place of cash to make purchases. The term plastic card includes the above and as an identity document. These are similar to a credit card, but unlike a credit card, the money for the purchase must be in the cardholder's bank account at the time of purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase.

Some debit cards carry a stored value with which a payment is made, but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on the Internet and there is no physical card.

This is referred to as a virtual card.

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How much interest you pay depends on_________

Answers

Answer:

The Interest Rate and how much you owe.

Explanation:

If you have a rate of 10% a month

and you owe $100, the next month you owe $110

or if you owe $50, then next month you owe $55

How can you take effective notes during a classroom lecture? Check all that apply.
Write down everything I hear.
Use the Cornell method.
Listen for keywords.
Pause to take notes when needed.
Write down notes without pausing.
Sit where I can see the speaker.

Answers

Answer:

bcdf

Explanation:

Homeowners typically pay property taxes to

reduce the amount of their mortgages.
avoid having to make a down payment.
help finance state and local governments.
help finance the campaigns of politicians.

Answers

Answer:

C. help finance state and local governments.

Explanation:

Property tax payments from homeowners normally go toward funding state and municipal governments. Option (C) is hence the appropriate response.

What is meant by a Property tax?

The term "property tax" refers to an ad valorem tax on the value of a property, and its rate is typically represented as a percentage or per mille.

The governing body of the area where the property is located is in charge of imposing the tax. Depending on the context, this might refer to a municipality, a county, a federated state, or the federal government. One property may be subject to taxation by many countries.

Real estate commonly faces a property tax. Annually or during a real estate transaction, such as with real estate transfer tax, it may be levied.

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please help me
Part 1: Educational Costs
1. What is your top career choice?
2. Using the Occupational Outlook Handbook, what are the educational requirements for
that career? Include information about the type of degree or certification needed (if
applicable)
3. After reading the lesson, conducting your own research, and talking with family, how do
you plan to finance your future education?
4. What is the estimated cost of training or future education to achieve your career goal?
To determine this cost, research institutions you could attend and their associated costs
by visiting the College Navigator link.
5. Why is it important to think about these financial costs now?

Answers

Answer:

This is supposed to be based on your own opinion

Explanation:

What types of insurance is David likely to get through his employer?

David has just joined a new company. His employer offers a number of different insurance policies as one of its employee benefits. For example, his employer’s (Blank)
insurance covers prescription drugs and immunizations. David will also be receiving (blank) insurance at no cost from his employer.
1. casualty, health, life
2. automobile, disability, renters

Answers

Answer:

1. health 2. disability

Explanation:

Answer:

health & disability

Explanation:

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