Answer:
Price bundling helps customers stock up on a product.
A less popular item is sometimes bundled with a more desirable item.
Several popular items are frequently sold together for a lower combined price.
Explanation:
As the name suggest Price bundling is to combined the various products and convert into a package so that if the consumer calculate its individual price so it would be high as compared to the package. Here the profits could be increased due to promotion of more than one item
So according to the given options, the following statements should be considered true
It would help the customer to stock up the product
An item i.e. less popular can be bundled with the desriable item
Also the various kind of items would be sold at very less price
Match the action needed to increase profits with the reason a business might fail.
A small company, especially a store, usually has a better chance of succeeding if it is in an area with other businesses because it can draw in new customers.
A) poor management
B) competition
C) bad location
D) finances
Answer:
C, bad location
Explanation:
Competition is needed for a successful company otherwise monopolies rise and so can potential prices. The reason a business might fail is bad location so to counter this they can move to a more densely populated area.
Bad location is the action needed to increase profits with the reason a business might fail. The correct is option C.
Why is the location of a store important?It's a popular belief that finding a decent location is essential for drawing clients. Supply and distribution are also made simpler at a conveniently positioned store. The ability of a retailer to sell itself and contend with the competition it faces from other businesses can be influenced by location.
The greatest employees are hard to find and keep, and many are quite particular about where they work in order to achieve the ideal work-life balance. A company's performance over the long run can be considerably improved by wise location choices. Poor ones can cost millions in lost capital, talent, and production.
Thus, the ideal option is C.
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What is the role of business in a global economy?
Answer:
In any market economy, business plays a huge role. Business is the engine of an economy. Business provides jobs that allow people to make money and goods and services that people can buy with the money they make. Without business, the economy would be very inefficient and/or very primitive.
Explanation:
How does penetration pricing discourage rival companies from entering the market? (Select all that apply.) Multiple select question. It encourages price skimming, which is too risky for most companies to engage in. It negates the experience curve effect, which usually helps competitors. Competitors who enter the market will temporarily face higher unit costs. Usually none of the companies make much profit in this situation.
Answer:
Competitors who enter the market will temporarily face higher unit costs.
2. Usually none of the companies would make much profit in this situation.
Explanation:
Penetration pricing is a pricing strategy where the sellers of a new product set the price for their product unusually low. This is to entice consumers to purchase the product
Advantages of penetration pricing
it increases market share of the firm conducting the penetration pricing it increases the sales of the firm practicing the penetration pricingDisadvantages of penetration pricing
Profit earned by the company might be too low once a low price has been set for the good, it might be difficult to raise it later as it may drive consumers away.Price skimming is when the price of a new product is set usually high
Which of the following is an example of quid pro quo sexual harassment?
A. Coworkers passing around inappropriate photos in the office
B. An employee leaving unwanted gifts for another employe
C. A manager offering a position only if the employee accepts her
sexual advances
D. An employee constantly asking another employee out
Option C. A manager offering a position only if the employee accepts her sexual advances is an example of quid pro quo sexual harassment.
Sexual harassment is a form of harassment or unlawful discrimination based on one's gender, sexuality, be it verbal or physical. This means that any unwanted sexual advance from a coworker or anyone is termed sexual harassment.
Sexual harassment at the workplace is when an employee in the company makes any sexual advances against another based on one's gender, identity, or expression. This harassment may be in the form of verbal or physical advancement, through pictures, messages, remarks, or even any slight indication of unwanted advances. The term "quid pro quo" refers to the idea of doing a favor for someone in return for another. This can be used in sexual harassment when or if a manager or anyone offers a position or employment in return for any sexual advances. This means that a person is offered a job if he/she does something sexual or accepts sexual advances from the employer.Any form of unwanted sexual advancement is accepted as harassment or discrimination. And in that regard, a quid pro quo sexual harassment is when a manager offers employment in return for sexual favors. Thus, the correct answer is option C.
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