which of the following is an example of a behavioral-based interview question? group of answer choices where do you see adding value within company? give me an example of how you have used practical knowledge to solve a technical problem. tell me about your career goals. what are you looking for? are you comfortable working in a fast-paced environment?

The decision about where to use control charts should focus on aspects of the process that have a tendency to go out of control, and affect product or service characteristics. (The correct answer is A).

A control chart is a graphical representation of the process variation. Control charts are used to monitor whether a process is stable or unstable, and to identify when it is necessary to take corrective action. There are several reasons why an organization might use a control chart. For example, it can be used to monitor a process's performance over time, to identify trends or patterns in data, and to detect when a process is going out of control, therefore the correct answer is A.

It is important to use control charts in areas that have a tendency to go out of control, and that can affect product or service characteristics. For example, if a process involves the manufacturing of a product, it is important to use a control chart to monitor the process to ensure that the product is being produced consistently and to identify any problems that may be occurring. If a process involves providing a service, it is important to use a control chart to monitor the process to ensure that the service is being provided consistently and to identify any problems that may be occurring. In conclusion, the decision about where to use control charts should focus on aspects of the process that have a tendency to go out of control and affect product or service characteristics.

By doing so, organizations can ensure that they are using control charts effectively and efficiently to monitor their processes and to identify any problems that may be occurring.

Your question is incomplete as it misses the option letter, the complete question is:

The decision about where to use control charts should focus on aspects of the process that...

multiple choice:

A. have a tendency to go out of control, and affect product or service characteristics

B. have the lowest cost of inspection, and require the least time to collect samples

C. are visible to the customer, and can be automated

Learn more about control charts https://brainly.com/question/29666356

#SPJ11

The similarity between the outsourcing and overtime strategies for avoiding a labor shortage is that both strategies involve contracting with another organization to perform a broad set of services.

Outsourcing is the process of hiring an external organization to perform a business activity that would otherwise be performed in-house. It can save companies time and money because they can hire experts who are more cost-effective than hiring and training employees, as well as reduce overhead costs.

Overtime is an employment condition in which employees work beyond their normal work hours, either daily or weekly, to earn extra pay for additional hours worked. Overtime is usually required when there is an increase in production or a shortage of labor, and it can help to meet deadlines and get work done quickly.

A labor shortage occurs when there are more job openings than there are workers available to fill them. This can lead to increased competition for workers and higher wages, as well as a need for strategies such as outsourcing and overtime to meet production and business needs.

Learn more about "Outsourcing" ; https://brainly.com/question/12101789

#SPJ11

The bond's price with 16 years to maturity, a semiannual coupon rate of 4.96 percent, a current yield of 5.31 percent and the bond's par value of $2,000 is $2,183.42.

Price of the bond can be found by the following formula:

Price = (C/2) x (1 - 1/(1+r/2)^2n) + M/(1+r/2)^2n

Where, r = semi-annual yield to maturity, n = number of semi-annual periods to maturity, M = par value and C = coupon rate. r is also called as required yield.

1. First, calculate the semi-annual yield to maturity of the bond; this can be done by using the below formula:

YTM = (2 x C)/P + [(FV - P)/n] / [(FV + P)/2]

Where, YTM = Yield to maturity, C = Coupon rate, FV = Face value, P = Price, N = number of semi-annual periods to maturity

2. Then substitute the given values in the above formula:

YTM = (2 x 4.96%)/$2,000 + [($2,000 - P)/32]/[($2,000 + P)/2]

YTM = 0.0248 + [2000 - P]/64 / 1000

Then we get,

2.48% + 0.03125(2000 - P) / 1000

3. Let's simplify this as,

0.0248P + 31.25(2000 - P) / 1000

So,

Required Yield(r) = 2(0.0248P + 31.25(2000 - P) / 1000) = 0.0496P + 62.5

Then we can substitute the above value of r, in the formula of price and calculate it:

Price = (C/2) x (1 - 1/(1+r/2)^2n) + M/(1+r/2)^2n

Price = 20 x (1 - 1/(1+(0.0496/2))^32) + 2000/(1+(0.0496/2))^32

Price = $2,183.42

Therefore, the bond's price is $2,183.42.

Learn more about Coupon rate:

https://brainly.com/question/28528712

#SPJ11

Businesses typically have three levels of management: upper, middle, and lower.

Upper management consists of the executives and board members who are responsible for making decisions that affect the entire organization.

The managers of departments, divisions, and teams who are in charge of carrying out decisions on a daily basis are referred to as middle management.

Supervisors and team leaders make up lower management; they are in charge of guiding employees' activities. Different duties, responsibilities, and levels of authority are associated with each level of management.

To know more about management,

https://brainly.com/question/28072798

#SPJ4

5 Effective Tips to Increase Fundraising Event Attendance are  Choose the right software, Create an outreach plan, Steward high-value donors, Incentivize new donors,Follow up promptly.

Here are five effective tips to increase fundraising event attendance:

Start promoting early: Start promoting the event well in advance to give people plenty of time to plan and make arrangements to attend. Use social media, email marketing, and other channels to spread the word.

Create a compelling invitation: Make sure the invitation is visually appealing and clearly communicates the purpose and importance of the event. Use strong calls-to-action to encourage people to RSVP and attend.

Offer incentives: Consider offering incentives to encourage people to attend, such as early-bird discounts, VIP access, or special perks for donors.

Leverage partnerships: Partner with other organizations or businesses that share your values and can help promote the event to their networks. This can help broaden your reach and attract new attendees.

Follow up with attendees: After the event, follow up with attendees to thank them for their support and provide updates on the impact of their donations. This can help build a relationship with donors and encourage them to attend future events.

Learn more about Fundraising Event

https://brainly.com/question/12919866

#SPJ4

Neither the CFO nor the board member is strictly correct. This is because the decision between issuing equity and retaining debt depends on the specific circumstances of the company in question and it may also dilute current shareholders' interests.

A company's capital structure should be tailored to its specific requirements, and therefore there is no universal right or wrong decision. In general, issuing equity may be advantageous for companies with high leverage ratios, as it may reduce their default risk and result in lower borrowing costs in the future. However, issuing equity may also dilute current shareholders' interests and harm the company's earnings per share. The board member is suggesting that the company is mature and highly profitable, and has an investment-grade credit rating, which means that it can obtain credit at a lower cost than other firms with lower credit ratings.

This implies that the company may benefit from retaining debt and maintaining its high leverage ratio, which may help to maximize shareholder value in the long term. On the other hand, the CFO may believe that issuing equity will reduce the firm's risk, increase its financial flexibility, and allow it to undertake more investments, which may result in a higher stock price over time. Therefore, the CFO's perspective is that issuing equity will increase the company's overall value.

Learn more about issuing equity https://brainly.com/question/29448110

#SPJ11

In the United States, workplace safety is enforced by the Occupational Safety and Health Administration (OSHA), which is a federal agency under the Department of Labor.

OSHA is responsible for ensuring safe and healthy working conditions for employees in all types of workplaces, including manufacturing plants.

In the case of an automobile manufacturing plant, OSHA would be the agency in charge of enforcing workplace safety. OSHA has specific regulations and standards that apply to the manufacturing industry, including requirements for machine guarding, electrical safety, hazard communication, and personal protective equipment.

OSHA conducts inspections and investigations of workplaces to identify hazards and violations of safety regulations. If violations are found, OSHA may issue citations and penalties, and require the employer to take corrective actions to address the hazards.

To learn more about workplace safety

https://brainly.com/question/17138937

#SPJ4

The commission owed for the sale of the property is $19,200, which is 4% of the total sale price of $480,000.

To calculate the commission owed, simply multiply the agreed upon commission rate (4%) by the sale price ($480,000). In this case, 4% of $480,000 is $19,200. Commission rates vary by locality and industry, so make sure to review your agreement to confirm the rate you are obligated to pay.

The amount of commission owed to the real estate agent should be paid by the seller upon the completion of the sale. If the seller agrees to pay the commission to the agent out of the proceeds from the sale, then the seller will receive a net proceeds amount after subtracting the commission. However, in some cases, the seller and the agent may agree that the buyer will pay the commission. This is common in commercial real estate deals.

In order to make sure that the commission is paid in a timely manner, it is important to have a well-drafted estate contract that outlines all of the details of the commission payment. It should include the amount of commission, the date it is due, who is responsible for paying it, and what happens if the commission is not paid on time.

Know more about commission payment here:

https://brainly.com/question/28448522

#SPJ11

The tone of the message inviting Kallee Davalos and Matt Rightson to participate in the leadership program should be formal. The most appropriate communication channel to use for this message would be a face-to-face meeting or a phone call.

In the given scenario, the financial services department of a company has selected two applicants, Kallee Davalos and Matt Rightson to participate in the competitive leadership program.

Now, the person who is supposed to invite these two individuals is asked whether the tone of the message should be formal or informal and which communication channel would be the most appropriate. It is always advisable to adopt a formal tone when dealing with professional matters such as this.

Therefore, the tone of the message inviting Kallee Davalos and Matt Rightson to participate in the leadership program should be formal. Using the right communication channel is also essential as it helps in conveying the message correctly.

In this case, since it is an official communication, it would be best to use a formal channel such as a phone call or a face-to-face meeting. These channels allow for better clarity and provide ample opportunity for the parties involved to ask questions and clear any doubts.

Learn more about tone of message here:

brainly.com/question/30124812

#SPJ11

When accounting for the General Fund, the Encumbrances Control account is credited when (A) a purchase order is approved.

Encumbrances Control Account: The Encumbrance Control account is used to record any outstanding purchase orders, contracts, or other commitments that haven't yet been paid. This account is typically used in government, education, and nonprofit entities and this is a case of general fund.

A company, for example, may use the Encumbrance Control account to record an encumbrance when it places an order with a vendor for goods or services. Because payment will not be made at the time of the order, the encumbrance account will be used to keep track of the outstanding amount. When the company later receives the goods or services and creates an invoice, the encumbrance account will be credited, and the accounts payable account will be debited to reflect the payment obligation.

Therefore, when accounting for the General Fund, the Encumbrances Control account is credited when: A) A purchase order is approved.

Learn more about general fund here: https://brainly.com/question/15225762

#SPJ11

The concept focuses on identifying and understanding consumer needs - then, creating, delivering, and communicating value to target customers is called the marketing concept.

The marketing concept is a business philosophy that involves focusing on identifying and understanding consumer needs and wants, and then creating and delivering products and services that meet those needs and wants.

The goal of the marketing concept is to create value for target customers, which can lead to customer satisfaction, loyalty, and long-term profitability for the business.

In addition to identifying and understanding consumer needs, the marketing concept also involves creating and delivering value through effective product design, pricing, distribution, and promotion strategies. This requires a deep understanding of the target market, as well as the ability to effectively communicate with and engage target customers.

Learn more about marketing here:

https://brainly.com/question/25369230

#SPJ11

The recommended optimization strategy would be to adjust the frequency caps on the underdelivering/underperforming line items to serve less impressions.

By adjusting the frequency caps , the ads will be served to a more targeted audience, which may improve their performance. Shifting budget from high-performing line items to underperforming/underdelivering line items may result in a reduction of overall campaign performance.

Similarly, shifting budget from underperforming and underdelivering line items to higher performing line items that are scaling may not address the underperformance issue.

Learn more about ads optimization here:

https://brainly.com/question/29388856

#SPJ11

The impact of a company diversifying as a way to reduce risk and protect against uncertain future cash flow from its core business "would be value-neutral". Option C is correct.

While diversification may reduce risk and protect against uncertain future cash flow, it may also require additional investment and may not generate the same returns as the core business. Therefore, the impact on the firm's overall value may be neutral, as any gains from diversification may be offset by the costs and potential decrease in profitability from the core business. Ultimately, the impact on the firm's value will depend on the success and effectiveness of the diversification strategy.

Learn more about value-neutral https://brainly.com/question/30225857

#SPJ11

Assets that are depreciated include buildings and equipment. The correct answer are option C and D.

Depreciation is a non-cash expense that lowers the value of a business asset. It is determined by calculating the cost of an asset less its salvage value, then dividing by its useful life. Depreciation expenses reduce net income but do not affect cash flow.

Depreciation is an accounting strategy that distributes the cost of an asset over its useful life, reducing the need to report a significant expense in the year the asset is acquired. As a result, companies may minimize their taxable profits by making the most of the depreciation allowance, which is a method of calculating depreciation for tax purposes.

Learn more about Depreciation here: https://brainly.com/question/1203926

#SPJ11

Modifying the market, modifying the product and repositioning the product are the three primary ways to manage a product through its life cycle

A product's life cycle is the span of time between its initial release and eventual discontinuation. The four stages of a product's life cycle are introduction, growth, maturity, and decline. When a product is first introduced to the market, a company often spends more on marketing, but as product usage rises, sales grow. When customer acceptability increases, a product's sales stabilize and peak, but they may subsequently begin to decline due to competition or obsolescence. Making business decisions about everything from pricing and advertising to expansion or cost-cutting may benefit from understanding the product life cycle.

To learn more about life cycle refer here:

https://brainly.com/question/15177349

#SPJ4

a. Unplanned inventory investment (Iu) is calculated by subtracting planned investment from total output.

Investment is the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. Investment involves the purchase of financial products or other items of value with the expectation that it will generate income or appreciate in value at some point in the future. Examples of investments include stocks, bonds, mutual funds, real estate, commodities, and cryptocurrency.

Investment Actual aggregate expenditure or output (Y) (billions of S) Consumption (C) Planned investmentspending (G) Net exports (Nx) (billions of S) (billions of S) (billions of S) (billions of S) of S) points 399 476 -20 -18 -14 -10 0 eBook 910 Unplanned inventory investment (Iu) (billions of S) 19 38 49 51 53 63
b. The equilibrium level of aggregate expenditure in this economy is 910 billion.
c. If planned investment increases by $20 billion, the new equilibrium level of aggregate expenditure in this economy would be 930 billion.

To learn more about investment
https://brainly.com/question/29547577
#SPJ1

The approval process that you would most likely need to follow to get your swabs on the market would be to follow the regulatory approval process set by the US Food and Drug Administration (FDA).

It corresponds to an American government agency that establishes safety and efficacy standards for products such as medical devices, which must be approved by the regulatory agency before being placed on the market.

Therefore, to market such a product, the company must initiate the approval process regulated by the FDA agency.

Find more about FDA at:

https://brainly.com/question/939216

#SPJ1

The correct answer to the question “A tool used to evaluate a company's current processes and assets such as internal communication, key audiences, databases, advertising messages, and promotions expertise is known as a SWOT analysis.

A SWOT analysis is a strategic management tool that helps businesses identify internal and external factors that could help or hurt their operations. SWOT is an acronym for Strengths, Weaknesses, Opportunities, and Threats. The SWOT analysis is a widely-used method that can assist firms in assessing their current processes and assets such as internal communication, key audiences, databases, advertising messages, and promotions expertise. It identifies a company's strengths and weaknesses as well as the opportunities and threats present in its external environment (such as the market, consumers, competition, etc.). In summary, a SWOT analysis is a tool that can assist a company in examining its current processes and assets like internal communication, key audiences, databases, advertising messages, and promotions expertise. It aids businesses in recognizing their strengths, weaknesses, opportunities, and threats so that they can make informed strategic decisions.

Learn more about SWOT Analysis here:

https://brainly.com/app/ask?q=SWOT+Analysis

#SPJ11

The answer to the question about Zappos's use of holacracy, which enables employees to have autonomy over their work, is 'freedom.'

"Holacracy" refers to an approach to organizational management. It is a system of governance that is decentralized and emphasizes transparency and autonomy. Zappos is an online shoe retailer that has embraced holacracy as a management system that enables their employees to have autonomy over their work. Holacracy is based on the principle of distributed control. In a holacratic system, the decision-making process is decentralized, and individuals are given the authority to make decisions based on their area of expertise. Zappos has been able to foster a creative work environment by providing its employees with the freedom to be innovative and come up with solutions that best suit their work. Self-management is an essential element of holacracy. It enables employees to have the freedom to make decisions about their work, and they are encouraged to take ownership of their roles. This means that they are empowered to act as entrepreneurs and to be accountable for their decisions.

By doing so, they are motivated to be creative and to find ways to improve their performance, which leads to a more creative work environment. Zappos uses Holacracy as a management system to encourage creativity among employees. This has been achieved by giving employees the freedom to make decisions about their work, which allows them to be innovative and come up with solutions that best suit their roles.

Therefore, the correct answer is 'freedom.'

To learn more about “holacracy” refer to the https://brainly.com/question/29192738

#SPJ11

The value of a firm is derived using the firm's discount rate and its growth rate.

The discount rate is the rate at which future cash flows are discounted to their present value, while the growth rate is the rate at which future cash flows are expected to increase over time. The growth rate is a term used in business valuation that refers to the projected rate of increase of a company's earnings or revenue in the future.

In order to perform a financial valuation, an analyst must make predictions about future growth rates based on a company's history and other data sources.

The growth rate is a key factor in determining the value of a business. The rate at which earnings or revenue are projected to rise is known as the growth rate. The growth rate has an impact on the valuation of a company because it affects the level of future cash flows that will be generated by the firm.

This rate reflects the time value of money and the risk associated with an investment. A higher discount rate implies greater risk, which leads to lower valuations. Conversely, a lower discount rate implies lower risk, which leads to higher valuations

.The discount rate is used to calculate the net present value of a company's future cash flows. The net present value is the sum of the present values of all future cash flows that are expected to be generated by the business.

This value is an estimate of the total value of the business.

For more such questions on firm

https://brainly.com/question/28039495

#SPJ11

RFM analysis is a way of analyzing and ranking customers according to their purchasing patterns. The correct answer is option d.

RFM analysis is a way of analyzing and ranking customers according to their purchasing patterns. Recency, frequency, and monetary value (RFM) are the three components of RFM analysis. The recency component is concerned with how long it has been since a customer last purchased from a company, while the frequency component is concerned with how frequently a customer purchases. The monetary value component, on the other hand, examines the value of a customer's recent purchases.

The RFM score is calculated by assigning values to each component and summing them up for each customer. The ranking of customers is then based on their RFM score, with customers who have a higher score being considered more important. RFM analysis can be used to segment customers based on their purchasing patterns and to tailor marketing messages to them accordingly.

Learn more about RFM analysis here: https://brainly.com/question/30407197

#SPJ11

The term that refers to the development and management of supplier relationships to acquire goods and services in a way that helps achieve the needs of a business is Strategic sourcing. Option (b) is correct.

It is a procedure that entails assessing present and potential suppliers and examining their offerings to ascertain the most economical and effective approach to obtain the products or services required for the company.

To choose the most economical and effective suppliers, strategic sourcing employs a holistic approach to supplier management.

This strategy also entails building enduring connections with the supplier in order to benefit both sides and negotiate advantageous terms and conditions.

To know more about Strategic sourcing,

https://brainly.com/question/14958282

#SPJ4

Auditor issues a qualified opinion when there is a GAAP departure that materially affects the financial statements overall such that the statements are not fairly presented, a scope limitation when the overall financial statements are presented fairly in accordance with GAAP, and insufficient appropriate evidence. The correct options are A, B, and C.

A qualified opinion is a type of auditor's report that is given when the auditor has decided to exclude an opinion regarding one or more aspects of a business's financial reports. A qualified opinion can be given for many reasons. It could be due to a GAAP (Generally Accepted Accounting Principles) departure that materially affects the financial statements overall, such that the statements are not fairly presented, a scope limitation when the overall financial statements are presented fairly in accordance with GAAP, and insufficient appropriate evidence.

The GAAP principles include the fundamental, basic assumptions, principles, and concepts underlying financial accounting that underpin how transactions are recorded, prepared, and reported in a set of financial statements. The principles provide a consistent structure that allows for comparability and consistency across a range of entities and time periods. If the auditor finds any significant departure from the GAAP, they will provide a qualified opinion on the financial statements.

Learn more about "GAAP (Generally Accepted Accounting Principles)" ; https://brainly.com/question/28345482

#SPJ11

A Bill of Lading is a legal document used to outline the details of goods being transported and to act as a title of ownership for the goods, whereas a Credit Memo is an invoice sent to a customer used to reduce a customer’s total balance or for returns and adjustments.

A Bill of Lading is a legal document that serves as a receipt between a shipper and a carrier for goods that are being transported. It also serves as a contract between the shipper and the carrier and outlines the details of the goods being transported, including the type, quantity, and destination of the goods. In addition, it acts as a title of ownership for the goods, meaning that the person or entity with possession of the bill of lading holds legal title to the goods.

A Credit Memo is an invoice sent to a customer, typically in the form of a debit or credit that is used to document the sale of goods or services. It is used to reduce the customer’s total balance or for returns and adjustments. A Production Department typically uses a Credit Memo to request stock, prepare product specifications, and issue invoices.

Know more about Bill of Lading here:

https://brainly.com/question/28231278

#SPJ11

The correct answer is c) analytical. An analytical approach is particularly important when selecting the right promotional tools because it allows for careful consideration of all available options.

This approach involves gathering data, analyzing it, and then making a reasoned decision about the best choice for achieving a desired objective.

An analytical approach can help to ensure that all possible combinations of promotional tools are considered and that the best one is selected.

Data can be collected from market research, surveys, and customer feedback to help determine the most effective promotional tools. This data can then be analyzed to identify the most suitable promotional tools.

Additionally, the cost-benefit of each promotional tool can be assessed to determine which combination of tools will offer the most effective results.

Analytical decision making also involves taking into account the wider context in which the promotional tools will be used. This includes understanding the company's budget, target audience, market conditions, and the objectives of the promotion.

By carefully considering all of these elements, an analytical approach allows for an informed decision to be made.

In summary, an analytical approach is particularly important when selecting the right promotional tools as it allows for careful consideration of all available options and ensures that the most suitable combination of promotional tools is chosen.

To know more about  analytical approach refer here :

https://brainly.com/question/22036625#

#SPJ11

The price of the bonds issued by Universal Foods on January 1, 2021 with a face amount of $220 million.

On January 1, 2021 the price of the bonds with a face amount of $220 million and a 10% rate of interest paid semiannually is $174,504,621.80.

The journal entries to record the issuance of the bonds on January 1, 2021, interest on June 30, 2021 and interest on December 31, 2028 are as follows:

January 1, 2021

June 30, 2021

December 31, 2028

Learn more about journal entries: brainly.com/question/28390337

#SPJ11

By objectively evaluating an employee's performance, organizations can ensure they are complying with generally accepted accounting principles.

Performance evaluation is a critical HR process that aids in identifying employee strengths and areas that need improvement. Employee performance evaluation is an integral aspect of human resource management. It aids in assessing the employee's job performance and serves as a means of communication between the manager and the employee. It is necessary for companies to complete performance evaluations.

Companies can assess how well employees are doing and if they need to work on any skills to help them succeed. Performance evaluations are required by accounting principles that are widely recognized. The Federal Government mandates these standards. Therefore, the correct answer is: to comply with generally accepted accounting principles.

Learn more about Performance Evaluation here:

https://brainly.com/question/31017670

#SPJ11

In figuring out the most appropriate level of output, a firm need to goal for the factor of maximum profitability for the company

financial profit is maximized at the output stage at which the slopes of the overall sales and overall price curves are same, furnished that the firm is covering its variable cost. to use the marginal decision rule in earnings maximization, the company produces the output at which marginal cost equals marginal revenue.The earnings-maximizing choice for a wonderfully competitive firm will arise at the extent of output wherein marginal sales is identical to marginal cost—that is, where MR = MC.


To know greater about marginal cost click right here
brainly.com/question/30529566
#SPJ4

The optimal level of output for a firm is the point of maximum profitability, which is found where marginal cost equals marginal revenue.

In determining the optimal level of output, a firm should aim for the point of maximum profitability for the company. This level is obtained where marginal cost equals marginal revenue (MC=MR). In this situation, the firm maximizes its profits as it is able to sell its output at the highest possible price that exceeds its marginal cost.

Points where decreasing returns become negative or where fixed costs exceed variable costs do not necessarily represent the optimal output level. Similarly, output levels where marginal returns are still increasing may be suboptimal if they are below the level where MC=MR.

A real-world example could be a shoe manufacturing company, they would aim to produce and sell at a level where their cost per shoe (MC) equals the extra revenue from selling an extra shoe (MR) to maximize their profitability.

https://brainly.com/question/34502417

#SPJ12

The correct option is A. Penetration strategy is appropriate during the maturity stage of the product life cycle.

Pricing can be defined as the method of setting the price of a product or service. It involves determining the worth of the product or service in the eyes of consumers and then setting a price accordingly. The product life cycle is a marketing concept that identifies the distinct stages a product goes through from its inception to its removal from the market. The stages are an introduction, growth, maturity, and decline.

The maturity stage of the product life cycle is when a product has reached its maximum market size, and the rate of sales growth has slowed. During this stage, the product is competing with other established products in the market, and companies must work hard to maintain their market share.

Penetration pricing is an appropriate pricing strategy during the maturity stage of the product life cycle. During the maturity stage, competition is high, and consumers have many options to choose from, which leads to price wars. In this scenario, companies can gain a competitive advantage by using penetration pricing to attract price-sensitive consumers.

This pricing strategy involves offering a low price for the product, which is lower than the market price, to attract customers. Companies that use this strategy hope that customers will choose their product over competitors' products because of the low price.

You can learn more about Penetration strategy at: brainly.com/question/14938388

#SPJ11

The economic profit of the firm will fall by $10 when entering into the industry changes the demand schedule from columns (1) and (3) to columns (2) and (3).

Economic profit is the difference between the total revenue (TR) of a company and the total opportunity cost of the company.

Economic profit = TR - Total opportunity cost

When the company has its original demand schedule, the economic profit is calculated as follows:

Total Revenue (TR) = (8x10) + (7x20) + (6x30) = 80 + 140 + 180 = $400

Total cost (TC) = $300

Therefore, Economic profit = TR - TC = $400 - $300 = $100

When the company has a new demand schedule, the economic profit is calculated as follows:

Total Revenue (TR) = (6x10) + (5x20) + (4x30) = 60 + 100 + 120 = $280

Total cost (TC) = $300

Therefore, Economic profit = TR - TC = $280 - $300 = -$20

As a result, economic profit will decrease by $10.

The answer is, "D) fall by $10."

Learn more about economic profit here:

https://brainly.com/question/15867127

#SPJ11