Before setting the price for their personal assistant services, karen and anika gather data on prices on competitor’s offerings and determine that the going rate for these services is $50 per hour. Based on this information, karen and anika set a similar price for their personal assistant services. This pricing tactic is known as.

Answers

Answer 1

Option B is the right choice.

Karen and Anika set identical prices for their personal assistant services in light of this information. Customary Pricing is the name given to this pricing strategy.

Looking at competitors' prices as well as market rates helped decide the pricing in the example given. As the customer's impression of value is dependent on the going rate in the market, this strategy falls under customary pricing. (Option B)

The pricing strategy known as customary pricing includes determining a product's price based on the customer's perceived worth. This method is employed to establish the cost of a good or service. The cost is determined by the value the customer places on the good or service. For things that have historically been offered for a specific price on the market, conventional pricing is employed.

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COMPLETE QUESTION:

Before setting the price for their personal assistant services, Karen and Anika gather data on the prices of competitors' offerings and determine that the going rate for these services is $50 per hour. Based on this information, Karen and Aniko set a similar price for their personal assistant services. This pricing tactic is known as

A) price bunding

B) customary pricing

C) markup pricing

D) cost-plus pricing

E) odd pricing


Related Questions

Prepare the 2017 and 2018 common-size balance sheets for just dew it. (do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places,


e.G., 32.16.)

Answers

Answer:

The accounts and other information were missing, so I looked them up:

                JUST DEW IT CORPORATION

                                 Balance Sheet

                              For 2017 and 2018

                                               2017        2018        Cash

                                                                             source / use

Assets:

Current assets

Cash                                    $12,157     $14,105    source

Accounts receivable        $29,382     $32,815    use

Inventory                           $54,632    $57,204     use

Total current assets           $96,171    $104,124

Non-current assets

Net plant and equip.       $367,241   $375,830    use

Total assets                     $463,412   $479,954

Liabilities and stockholders' equity:

Current liabilities

Accounts payable            $46,382     $49,276      source

Notes payable                  $18,246       $19,784     source

Total current liabilities     $64,628     $69,060

Long term debt

Long-term debt                $49,000     $45,000     use

Owners’ equity

Common stock and

paid-in surplus                 $50,000      $50,000        -

Retained earnings          $299,784     $315,894     source

Total owners' equity       $349,784    $365,894

Total liabilities and

stockholders' equity:       $463,412    $479,954

According to the video, which qualities do Insurance Underwriters need? Check all that apply.

communication skills
customer service skills
computer skills
knowledge of sales strategies
an outgoing attitude
a background in finance

Answers

Answer:

The correct answers are (A) (C) (F)

Explanation:

Hope this helps ya'll :)

A communication skills, C computer skills, F a background in finance

Explanation:

How else could a foreign retailer exert additional power with its Chinese suppliers (and not face government restrictions)?

Answers

Retailer can increase power with Chinese suppliers by building strong relationships, having a good reputation, offering incentives, improving efficiency, reducing costs and having contingency plans.

As a foreign retailer, there are several ways to exert additional power with Chinese suppliers without facing government restrictions. These include:

Building strong relationships with suppliers - A retailer can foster a close working relationship with suppliers to create a mutual understanding of expectations and goals. This can help create a sense of loyalty and commitment that can strengthen the partnership over time.

Leveraging purchasing power - By placing larger orders, a retailer can negotiate better pricing and terms with suppliers, as well as establish a long-term partnership.

Utilizing technology - The use of technology, such as electronic data interchange (EDI) or supply chain management software, can improve communication and efficiency between the retailer and supplier.

Offering value-added services - A retailer can offer value-added services, such as product design and marketing, to help suppliers increase sales and improve their competitiveness in the market.

By implementing these strategies, a foreign retailer can strengthen their bargaining power and improve their relationship with Chinese suppliers. However, it is important for the retailer to always operate within ethical and legal boundaries, and to ensure that the partnership benefits both parties in the long run.

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Explain the limitations of statistics

Answers

Statistics deal with groups and aggregates only. (2) Statistical methods are best applicable to quantitative data. (3) Statistics cannot be applied to heterogeneous data. (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.

100 people play the ultimatum game at your university, and each one suggests how to split $10. if they respond as most people do, most will offer $___ to their partner and keep $___ for themselves.

Answers

If the 100 people playing the ultimatum game at your university respond as most people do, they would likely offer around $4 to their partner and keep around $6 for themselves.

The ultimatum game is an experimental economic game where one player (the proposer) suggests a division of a sum of money, and the other player (the responder) can either accept or reject the proposed division. If the responder accepts, the money is divided according to the proposal. If the responder rejects, neither player receives any money.

In most studies, it has been observed that proposers tend to offer a substantial portion of the money, usually around 40% to 50%, to their partners. Thus, if most people follow this pattern, they would likely offer approximately $4 to their partner and keep around $6 for themselves from the $10 total.

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how do basic level occupation help society​

Answers

Answer:

A job, employment, work or occupation, is a person's role in society. More specifically, a job is an activity, often regular and often performed in exchange for payment ("for a living"). Many people have multiple jobs (e.g., parent, homemaker, and employee). A person can begin a job by becoming an employee, volunteering, starting a business, or becoming a parent. The duration of a job may range from temporary (e.g., hourly odd jobs) to a lifetime (e.g., judges).

Basic level occupation can help our society in many ways. One of them is agricultural. A further explanation is provided below.

 

Agriculture would be essential employment across the globe even though it's the foundation or the core of all certain vocations, even though people must live.Otherwise, there'll be no significant population for any other activity, resulting in highly impoverished as well as uneducated people throughout the planet."

There are many jobs that a person can do like employee, homemaker, etc. A person can start his career with such jobs.

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how do basic level occupation help society

Select the correct answers.
Goods Ltd. is an FMCQ goods manufacturer. It plans to introduce new products in the market within its existing product category. Which of
these terms describes the company's action?
O A. category extension
OB
line extension
OC.
line pruning
OD
line stretching

Answers

Answer: line extension

Explanation:

The action whereby the company plans to introduce new products in the market within its existing product category is referred to as line extension.

Line extension occurs when the brand name for an established product is used for a new item that is in same product category. This can be in form of added ingredients, colors, new flavors etc. An example is a manufacturer of soft drink who adds "apple flavor"manufacturer to its existing "orange flavor"

Why is account management important in the vegetable farming ? give reason . ​

Answers

Answer:

Money

Explanation:

The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.

Answer:

It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.

Explanation:

Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.

investment spending includes spending on

Answers

Answer:

Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.

Explanation:

Have a good day and stay safe!

Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability

Answers

I'd say D just because if you can't rely on someone and I doesn't get there it's going to be really bad

If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.

Answers

Answer:

D. increase marginal revenue

Explanation:

If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.


When should a person proceed with a
choice in terms of marginal benefits
and cost?
O when the market is high

O when there is no difference

O when the benefits outweigh the
cost

Answers

Answer:

when the difference outweighs the cost

For the past several months the Jackson Shop, a mom and pop retail store, has suffered costly losses due to the theft of merchandise. Putting in a comprehensive surveillance system that covers all of the entrances and exits at all four of their locations is not feasible at this time. Nevertheless, they have decided to install several surveillance cameras in their flagship store. They notified their employees that the cameras were being installed and placed posters at the store entrances notifying their customers of the new security. Not surprisingly, thefts decreased dramatically within a month and continued to decline over the next six months. Without the cash to install cameras in all the stores, Adams installed fake cameras at the other three stores and let employees and customers at those locations know about the cameras. Thefts dropped at the other stores as well. The concept that most likely explains why the thefts decreased is known as:

Answers

Answer:

Perception of detection

Explanation:

Perception of detection is defined as the belief that exists within an organisation that if a person commits fraud he will be exposed by other employees in the organisation quickly.

This can be achieved by various steps including:

- removal of avenues for fraud by thinking like a fraudster

- segregation of duties

- perform surprise audits

- having a hotline to report fraud

The installation of cameras by Jackson shop and publicising of this action led to a consistent fall in fraud because the employees had a perception that if they tried to commit fraud they would be detected by the cameras

Sample ________
is the number of people questioned for a survey.

Answers

Participants?

___________

Answer:

Sample size

Explanation:

Sample size is the term that describes the number of objects or people involved in a research study. Sample size applies where it's impossible to get a response from the entire population due to its large size. The researcher uses several techniques to select a small number of respondents believed to represent the entire population. The small number or group selected is the sample size.

how can a job (or occupation) impact your life? explain in 50-100 words.

I'd rly appreciate anyone's help asap, thanks in advance! (not business, it's career ed. just chose the subject closest to it).​

Answers

Answer:

Find the essay below.

Explanation:

A job or occupation is a line of work or business through which a person earns a living. A job can positively impact a person's life because it gives one a sense of purpose most especially if it is work that one truly enjoys. Over-reliance on people to provide us with the basic necessities of life can erode respect and result in a lack of self-esteem. When a person rather works hard to earn a living, it gives a sense of purpose and fulfillment.

An occupation is dignifying. Knowing that you are doing something beneficial can also bring happiness.

Which type of power steering system relies on inputs to sense the steering
effort?
A) HPAS
B) EPAS
C) Both A and B
D) Neither A nor B
Back
50 of 61
Next
Submit All
!!!

Answers

Answer:

Hi

Explanation:

C is the correct answer

true or false: if a mirror produces a magnification of 1/4, the image is 4 times as large as the object but is inverted.

Answers

The statement "if a mirror produces a magnification of 1/4, the image is 4 times as large as the object but is inverted." is False.

If a mirror produces a magnification of 1/4, it means that the image formed by the mirror is one-fourth the size of the object. The magnification formula is given by:

Magnification = Height of Image / Height of Object

In this case, if the magnification is 1/4, it implies that the height of the image is one-fourth the height of the object.

However, the statement that the image is 4 times as large as the object is incorrect. The image is actually smaller than the object, not larger. Additionally, the statement that the image is inverted is not necessarily true. Whether the image formed by the mirror is inverted or upright depends on the type of mirror being used (concave or convex) and the position of the object relative to the mirror's focal point.

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the discount rate is select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a the interbank overnight lending rate of at least 1 million dollars. b the rate that a bank pays the fed when it borrows from the fed. c the rate that the treasury pays when it borrows from the fed. d none of the above.

Answers

option (b). correct. the rate that a bank pays the fed when it borrows from the fed at which commercial banks borrow and lend their extra reserves.

The Fed conducts monetary policy by setting a target for the federal funds rate, the rate at which banks borrow and lend reserves on an overnight basis. The Fed influences interest rates to affect interest-sensitive spending, such as business capital spending on plant and equipment, household spending on consumer durables, and residential investment. The overnight bank funding rate is a measure of wholesale, unsecured, overnight bank funding costs. It is calculated using federal funds transactions, certain Eurodollar transactions, and certain domestic deposit transactions. The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow & lend their extra reserves to one other overnight. This is the correct option.

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What can a boosted post help an advertiser achieve?

Answers

A boosted post helps an adviser to connect with the audience and gain trust.

Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.

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listings entered into by abc brokerage's associated licensees are the property of: abc brokerage as licensed by mrec. the licensee who signs the listing agreement. the supervising broker of the abc brokerage branch office where the licensee operates. the firm's principal broker.

Answers

The property of the listings entered into by ABC Brokerage's associated licensees belongs to the firm's principal broker.

The principal broker is responsible for overseeing the operations of the brokerage and has the authority and ownership of the listings. This ownership is established through the licensing agreement with MREC (Mississippi Real Estate Commission) and is further reinforced by the licensee who signs the listing agreement. Additionally, the supervising broker of the specific ABC Brokerage branch office where the licensee operates may also have some involvement and responsibility regarding the listings, but ultimate ownership lies with the firm's principal broker.

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Which of the following is NOT true Group of answer choices An American option can be exercised at any time during its life A put option will always be exercised at maturity if the strike price is greater than the underlying asset price When a CBOE call option on IBM is exercised, IBM issues more stock A call option will always be exercised at maturity if the underlying asset price is greater than the strike price

Answers

Answer:

When a CBOE call option on APPLE is exercised, APPLE issues more stock.

Explanation:

A call option can be regarded as a "call", and can be explained as contract which exist between the buyer as well as the the seller of that call option, so they can exchange a security at a set price.

In domain of finance, the style or family of particular option can be regarded as the class that the option falls into, and this can be defined using dates that the option could be exercised. Most options usually fall as European or American options. It should be noted that An American option can be exercised at any time during its life. These should be noted;

✓A put option will always be exercised at maturity if the strike price is greater than the underlying asset price.

.A call option will always be exercised at maturity if the underlying asset price is greater than the strike price

Facts about

The idea that the U.S. economy uses the market mechanism to distribute most goods and services and those who receive the most income get the most goods is best represented by the question:

Answers

There are different kinds of ideas. The idea that the U.S. economy for who receive the most income get the most goods is best represented by the question called "For whom output is produced".

What kind of system is the United States economy based on?

The U.S. is one that has a mixed economy and also show the attributes of f both capitalism and socialism.

In a mixed economy as the above, they often embraces economic freedom regarding  capital use and they also allows the government to intervene for public good.

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An Administrator may take disciplinary action against a broker/dealer or its agents when the Administrator:
1. determines that the action is in the public interest.
2. suspects that the registrant's action violated a rule, order, or the USA.
3. issues an injunction which carries the force of law.
4. provides for a public hearing which must precede issuing a cease and desist order.

Answers

Answer:

4)provides for a public hearing which must precede issuing a cease and desist order.

Mill Creek Corporation (MCC) currently has 520,000 shares of stock outstanding that sell for $50 per share. Assuming no market imperfections or tax effects exist, what will the share price be after:

a. MCC has a six-for-three stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )

New share price $ per share

b. MCC has a 20% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )

New share price $ per share

c. MCC has a 45. 5% stock dividend? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )

New share price $ per share

d. MCC has a three-for-seven reverse stock split? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response. )

New share price $ per share

Determine the new number of shares outstanding in parts (a) through (d). (Do not round intermediate calculations. Round the final answers to the nearest whole number. )

Answers

a. After a six-for-three stock split, the number of shares outstanding will increase to a New number of shares outstanding by 1,040,000, b. A new number of shares outstanding: 624,000, c. shares outstanding: 756,600, and d. New number of shares outstanding: 222,857

a. After a six-for-three stock split, the number of shares outstanding will increase to (520,000 x 6/3) = 1,040,000 shares. The new share price will be (50/3) = $16.67 per share.

New number of shares outstanding: 1,040,000

b. A 20% stock dividend will increase the number of shares outstanding by 20% of the current number of shares, which is (520,000 x 0.20) = 104,000 shares. The new number of shares outstanding will be (520,000 + 104,000) = 624,000 shares. The new share price will be (50/1.20) = $41.67 per share.

New number of shares outstanding: 624,000

c. A 45.5% stock dividend will increase the number of shares outstanding by 45.5% of the current number of shares, which is (520,000 x 0.455) = 236,600 shares. The new number of shares outstanding will be (520,000 + 236,600) = 756,600 shares. The new share price will be (50/1.455) = $34.31 per share.

New number of shares outstanding: 756,600

d. After a three-for-seven reverse stock split, the number of shares outstanding will decrease to (520,000 x 3/7) = 222,857 shares. The new share price will be (50 x 7/3) = $116.67 per share.

New number of shares outstanding: 222,857

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list and briefly describe the three basic theories used to describe the term structure of interest rates

Answers

There are three basic theories used to describe the term structure of interest rates: the expectations theory, the liquidity preference theory, and the market segmentation theory.



The expectations theory suggests that long-term interest rates are determined by the expectations of investors about future short-term interest rates. This theory assumes that investors are risk-neutral and prefer to hold short-term bonds to minimize risk. Therefore, long-term bond yields must be equal to the expected future short-term interest rates.



The liquidity preference theory suggests that investors prefer more liquid investments and require a premium to hold long-term bonds, which are less liquid. This theory assumes that investors are risk-averse and prefer to hold short-term bonds to avoid interest rate risk.



The market segmentation theory suggests that the bond market is segmented into different maturities, and investors only invest in bonds that match their investment horizons.

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The Fair Credit Reporting Act passed in 1970 required that credit bureaus do
which of the following?
O A. Raise the credit score of all Americans upon request.
B. Provide all Americans free copies of their credit reports yearly.
OC. Call consumers to alert them when their credit score lowers.
D. Provide all employers with the credit scores of their employees.

Answers

The Fair Credit Reporting Act passed in 1970 required that credit bureaus do

C. Call consumers to alert them when their credit score lowers.

What is Fair Credit Reporting Act (FCRA)?

The Fair Credit Reporting Act (FCRA), which was passed in 1970 in the United States, includes provisions aimed at regulating the collection, accuracy, and use of credit information by credit bureaus.

One of the key requirements of the FCRA is that credit bureaus are required to provide all Americans with free copies of their credit reports on a yearly basis.

The FCRA also outlines other consumer protections related to credit reporting, such as the right to dispute inaccurate information, the requirement for credit bureaus to investigate and correct errors, and the need for consumer consent for the release of credit information to employers or other parties.

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To build a good credit history you should pay as much of your balance as possible by the due date.
a true
b. false

Answers

The statement "To build a good credit history, you should pay as much of your balance as possible by the due date" is generally true.

Paying your credit card balance in full and on time is considered a responsible credit behavior and can help you establish and maintain a positive credit history. Here's why:

Payment history: Your payment history is one of the most important factors that lenders consider when assessing your creditworthiness. Making timely and full payments demonstrates your ability to manage credit responsibly, which reflects positively on your credit report.

Credit utilization: Paying off your balance in full helps keep your credit utilization ratio low. Credit utilization is the percentage of your available credit that you're using. Keeping this ratio low, ideally below 30%, shows lenders that you are not relying heavily on credit and are managing your debts effectively.

Avoiding interest charges: By paying your balance in full, you avoid accruing interest charges on the remaining balance. This can save you money in the long run and prevent your debts from accumulating.

Positive credit history: Building a positive credit history takes time, and consistent on-time payments contribute to a stronger credit profile. Lenders prefer borrowers with a proven track record of responsibly managing credit, which can increase your chances of being approved for future loans or credit applications.

However, it's important to note that paying the minimum amount due by the due date is still considered a responsible payment, but it may result in higher interest charges if you carry a balance forward. While paying as much of your balance as possible is generally advised, it's also essential to manage your finances wisely and not overspend beyond your means.

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the western capital growth mutual fund has: total assets $ 809,500,000 total liabilities $ 5,900,000 total number of shares 40,000,000 what is the fund's net asset value (nav) per share? (round your answer to 2 decimal places.)

Answers

The net asset value is $ 809,500,000.

The required details about net asset value is mentioned in below paragraph.

Net asset value is the cost of an entity's property minus the cost of its liabilities, regularly in terms of open-quit or mutual price range, on the grounds that stocks of such price range registered with the U.S. Securities and Exchange Commission are redeemed at their internet asset cost. Net asset value NAV) is the cost of a fund's asset much less the cost of its liabilities in keeping with unit. NAV = (Value of Assets-Value of Liabilities)/variety of gadgets first rate.NAV is calculated with the aid of using dividing the overall cost of all of the coins and securities in a fund's portfolio, minus any liabilities, with the aid of using the variety of first rate stocks. The NAV calculation is crucial because it tells us how plenty one percentage of the fund must be worth.

net asset value =(assests - liabilities) / overall stocks

=$ 809,500,000-$ 5,900,000/40,000,000

=$ 809,500,000

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Indicate which situations would require Zenda Company to record revenue in the current period.

Answers

Answer:

c & d

Explanation:

Option includes "a. Zenda is paid in advance for services to be performed in the next period. b. Zenda signs a contract with a customer to perform services in a future period. c. Zenda performs services for cash.  d. Zenda performs services on account."

Only Zenda Company performance of services for cash and on account will be recognized and will be recorded as revenue in the current period.

Please give the answer to question one

Please give the answer to question one

Answers

Answer:

A

Explanation:

A is the answer to the question

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