In general, which strategy is better suited to build brand equity? O Penetration pricing Skimming pricing O Loss-leader pricing None of the above as brand equity is based on advertising only
Answers
Brand equity is the term used to refer to the value of the brand itself, rather than the physical products or services that the brand offers. It's a concept that's measured in terms of how much consumers trust, like, and are loyal to a particular brand. A company can build brand equity in several ways. However, the skimming pricing strategy is better suited to building brand equity.
Skimming pricing is a strategy that involves setting a high price for a new product or service. The strategy is generally used by companies that are introducing new and innovative products or services to the market. The reason behind the strategy is to recover the research and development costs quickly. With this, the company can set up a high-profit margin before the competition comes up with a similar product. The high price also helps to create a perception of quality and exclusivity among early adopters and niche market segments.Why is skimming pricing a better strategy to build brand equity?By setting a high price, skimming pricing helps to create a perception of quality and exclusivity among early adopters and niche market segments. With this, the company can build a loyal customer base that associates the brand with high quality.
Furthermore, the high-profit margin allows the company to invest more in marketing and advertising. This investment helps the brand to build more awareness and familiarity in the market. It, in turn, reinforces the perception of the brand as high-quality and exclusive.As a result, skimming pricing is a better strategy to build brand equity than other pricing strategies such as penetration pricing or loss-leader pricing.
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Related Questions
after this, pip takes ill and is hunted by his creditors. who comes to his rescue and what does he do to rescue pip?
Answers
In Charles Dickens' "Great Expectations", Pip's benefactor, who rescued him from his creditors, is revealed to be the eccentric Miss Havisham.
In Charles Dickens' "Great Expectations", Pip's benefactor, who rescued him from his creditors, is revealed to be the eccentric Miss Havisham. At the climax of the novel, Pip discovers that his mysterious benefactor is actually a wealthy spinster who took a fancy to him as a young boy and decided to support his education and advancement in life.
Miss Havisham, who was jilted at the altar many years before and has lived as a recluse ever since, used her wealth to ensure that Pip had the best education and opportunities. She also arranged for him to be trained as a gentleman, with the intention of molding him into the perfect suitor for her adopted daughter, Estella.
To rescue Pip from his creditors, Miss Havisham provides him with enough money to pay off his debts and start a new life. In this way, she helps Pip escape his difficulties and begin a new chapter in his life. Although she is a complex and often contradictory character, Miss Havisham's actions ultimately show that she had a deep affection for Pip and wanted to help him achieve his dreams.
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You are interested in buying a 2-bedroom condo in New York. The price is $300,000. You have a 30-year 3% APR mortgage with 20% down payment.
You rent the apartment out for $2,000/month. The operating expense is $200. Assume the house value will increase by 30% after 30 years. Calculate the expected annual return of your investment. (Hint: compute IRR for the investment)
Answers
Therefore, the expected annual return of your investment is 1.5, or 150%.
To calculate the expected annual return of your investment, we'll need to consider several factors.
Let's break it down step by step:
1. Down Payment: You mentioned a 20% down payment, which amounts to $60,000 ($300,000 x 20%). This reduces your loan amount to $240,000 ($300,000 - $60,000).
2. Mortgage: With a 30-year mortgage at a 3% Annual Percentage Rate (APR), we can use a mortgage calculator to determine your monthly payment.
Plugging in the values, we find your monthly payment to be approximately $1,011.
3. Rental Income: Renting the condo out for $2,000 per month gives you a monthly income of $2,000.
4. Operating Expense: Subtracting the operating expense of $200, we're left with a monthly net income of $1,800 ($2,000 - $200).
5. Annual Net Income: To calculate the annual net income, we multiply the monthly net income by 12. In this case, $1,800 x 12 = $21,600.
6. Property Appreciation: Assuming the condo's value will increase by 30% after 30 years, we can calculate the final property value as $300,000 + ($300,000 x 30%) = $390,000.
7. Expected Return: To calculate the expected annual return, we need to consider both the rental income and the property appreciation.
The formula for Internal Rate of Return (IRR) considers the cash flows over the investment period.
However, in this case, we only have one cash flow at the end of 30 years.
Therefore, we can approximate the expected return as the increase in property value divided by the initial investment: ($390,000 - $300,000) / $60,000 = 1.5.
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This is for business studies
How do national factors affect a pharmacy
This is what they're looking for.
National Factors
Give a brief sentence stating what and how factors can affect a business.
Now list all the National factors that could affect a business and THAN how national factors can affect YOUR start up business (provide detail with current examples e.g. exchange rates).
Answers
I can help with the pharmacy one.
Different countries require different certifications and inspections for pharmacies. Some medicine may not even be allowed in that country, meaning some medicines may not be sold, resulting in less sales. As well as that, the taxes paid may be different, affecting profit after tax. Aditionally, different currencies mean exchange rates can add extra expenses and different languages affect marketing.
2. List three forms of renewable energy and discuss one social, economic and environmental cost that might be connected to these sources. You may need to do a little research to discover the hidder costs. 3. What do you think of Jevon's paradox? What was the most interesting thing you learned from this week's reading?
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Renewable energy sources provide cleaner and more sustainable alternatives to fossil fuels. However, they are not without their costs. One social cost associated with renewable energy sources is the potential for social inequality in access. The initial cost of installing solar panels or wind turbines can be high, limiting their affordability for lower-income communities. This can create a disparity in access to clean energy and perpetuate existing social inequalities.
From an economic perspective, the cost of renewable energy technologies has been decreasing, but there are still economic challenges. The upfront investment required for building renewable energy infrastructure, such as wind farms or hydropower plants, can be substantial. Additionally, intermittency issues and the need for energy storage solutions can add to the economic costs of renewable energy implementation.
Environmental costs also need to be considered. While renewable energy sources have lower greenhouse gas emissions compared to fossil fuels, they can still have environmental impacts. For example, the manufacturing and disposal of solar panels involve the use of chemicals and materials that can be harmful to the environment if not managed properly. Large-scale hydropower projects can disrupt natural river ecosystems and lead to the loss of biodiversity.
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Two-thirds of a number is two more than one-half of another number. The sum of the number is 129. Find the numbers.
Answers
Answer: 57 ; 72
Explanation:
Given information
2/3 of a number is 2 more than (1/2) of another number
Sum = 129
Set variables
Let x be the first number
Let y be the other number
Set system of equations
\(1)~\dfrac{2}{3} x=\dfrac{1}{2} y+2\)
\(2)~x + y=129\)
Eliminate fractions in the 1) equation
\(\dfrac{2}{3} x\times6=\dfrac{1}{2} y\times6+2\times6\)
\(4x=3y+12\)
Move x and y onto the same side
\(4x-3y=12\)
Current System
\(1)~4x-3y=12\)
\(2)~x + y=129\)
Multiply 3 on both sides in 2) equation
\(x\times3 + y\times3=129\times3\)
\(3x+3y=387\)
Current System
\(1)~4x-3y=12\)
\(2)~3x+3y=387\)
Add 1) equation and 2) equation together
\((4x - 3y)+(3x+3y)=(12)+(387)\)
Expand parenthesis and combine like terms
\(4x - 3y + 3x + 3y = 12 + 387\)
\(4x + 3x - 3y + 3y=399\)
\(7x=399\)
Divide 7 on both sides
\(7x\div7=399\div7\)
\(\Large\boxed{x=57}\)
Substitute the x value into one of the equations to find the y value
x + y = 129
(57) + y = 129
y = 129 - 57
\(\Large\boxed{y=72}\)
Hope this helps!! :)
Please let me know if you have any questions
the price elasticity of demand depends on
Answers
Answer:
...price levels, the type of product or service, income levels, and the availability of any potential substitutes.
A bond issued by the state of Alabama is priced to yield 6.40%. If you are in the 30% tax bracket, this bond would provide you with an equivalent taxable yield of _________.
Answers
Answer:
9.14%
Explanation:
Tax exempt yield = 6.40% = 0.064
Marginal tax rate = 30% = 0.30
Equivalent taxable yield = Tax exempt yield / (1 - marginal tax rate)
Equivalent taxable yield = 0.064 / (1 - 0.30)
Equivalent taxable yield = 0.064 / 0.70
Equivalent taxable yield = 0.0914286
Equivalent taxable yield = 9.14%
I NEED THIS ASAP!!!!!!!!! Lin is making a presentation about road safety and wants to add images of road signs. However, he does not have any pictures of road signs on his hard drive.
Which option within PowerPoint would most likely help Lin find the pictures he needs?
Clip Art under the Insert tab
Picture under the Insert tab
SmartArt under the Animations tab
Insert under the Animations tab
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Answer:
picture under the insert tab ?
Explanation:
none others make sense
Answer:
Picture under the Insert Tab.
Explanation:
WHATS AN APPLE PLZ TELL ME OR I WILL STEAL YOUR TOES
Answers
Answer: an apple is a fruit that grows from trees
Explanation:
Answer:
An apple is a fuit that is very popular. They have a variety of kinds with different colors. Many people enjoy apple slices with peanut butter. Although some people cut apples into slices others just take a bite out of it.
In the center they have a core which holds the seeds. That part is not fun to eat so just throw it away.
An electronic banking outlet that enables customers to use a card to
withdraw money is called a(n):
A. debit card cashier.
B. money market.
C. certificate of deposit.
D. automated teller machine.
Answers
Answer:
D) automated teller machine
do you mind marking me as brainliest?
Answer:D
Explanation: just got it right
Do you think the current system of punishment for cimes committed in the United States works? Why or why not? What would you change about the system?
Answers
Answer:
According to my understanding of the text, the author suggests that the current system of punishment in the United States is not effective, as evidenced by overcrowded jails. They suggest that not everyone who commits a crime needs to be incarcerated and that some may benefit more from rehabilitation or counseling, particularly those who have experienced past traumas or abuse. The author suggests that this approach should depend on the specific crime committed, with substance abuse users being directed towards rehabilitation and juveniles in detention centers being treated differently depending on their offense. The author notes that there is no rehabilitation in incarceration and that it may not be the best option for some offenders. However, for offenders who commit violent crimes such as sex offenders, murderers, and criminals, the author believes that harsh punishment is warranted. The author also disagrees with pardoning drug traffickers and dealers who have not committed violent crimes and believes that they should be incarcerated for their offenses, which they consider to be just as bad as violent crimes.
Environmental service systems professionals work to improve or maintain healthy environments. This includes focus on air quality, water quality, and ________________. Education services Waste management Wildlife research City infrastructure
Answers
Environmental service systems professionals are vital to society as they focus on air quality, water quality, and waste management.
Environmental service system simply means the people who work in an environmental service system pathways. They are involved in air pollution control, recycling, waste disposal, etc.
It should be noted that environmental service systems professionals focus on air quality, water quality, and waste management. They analyzed scientific data and perform quality control checks.
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Answer:
Waste Management.
Explanation:
P.s there are 5 sectors, feed, and science.
K-12.
Many hotels are asking guests if they would like to skip having their towels collected and washed daily to save energy and reduce waste. Which trend in hospitality and tourism are these hotels following?
Answers
The hotels you describe are following the trend of sustainability in the hospitality and tourism industry.
What is a trend in hospitality?Generally, This trend involves taking steps to minimize the environmental impact of hotel operations and to reduce the use of natural resources, such as water and energy.
Asking guests if they would like to skip having their towels collected and washed daily is one way that hotels can reduce their water and energy use and reduce waste.
Other sustainable practices in the hospitality industry might include using energy-efficient lighting, promoting the use of public transportation or alternative modes of transportation, using environmentally-friendly cleaning products, and sourcing local and organic food.
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which intangible product is exchanged directly between the producer and the customer?
Answers
The intangible product which exchanged directly btwn the producer and customer is " service "
Productivity, dependability, and responsibility are examples of skills that managers look for when determining who to promote within a company. Evaluate these three skills and another one or two that you come up with and explain how each skill could be helpful for an employee looking to get a promotion.
Answers
A dependable employee is an incredible asset to a company, as they make great coworkers, can be trusted to do their jobs. Productivity and responsibility are important aspects for the promotion.
What is a dependable employee?A dependable employee is a fantastic addition to a company because they make excellent teammates, can be trusted to execute their tasks without micromanagement, and empower others to accomplish their jobs effectively. As a result, being recognized as a dependable employee can help you stand out as an attractive prospect.
Every organization wants a productive employee who is responsible for the success of the organization as well as for his personal gains.
Being reliable implies doing what you say you'll do, when you say you'll do it. A reliable individual fosters trust by keeping himself/herself accountable and, if they lead others, their team members accountable as well.
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if companies have identical inventoriable costs but use different inventory flow assumptions when the price of goods have not been constant, then the:
Answers
Answer:
Bigyan mo ako ng pick para maanswer
Explanation:
patawad talaga
ou are a project manager for a non-governmental organization. you have been assigned to a project that is in its earliest stages of development and involves providing a water purifying system for a small town in a developing country. your company has completed similar projects in the past. where would be the best place to start gathering information to document the preliminary scope of the project? answers a. organizational process assets b. progressive elaboration c. enterprise environmental factors d. project management information system
Answers
Organizational process assets would be the best place to start gathering information to document the preliminary scope of the project.
What are organizational process assets?
Two ways in which the organizational process assets might be seen are as processes and procedures and as corporate knowledge bases. Utilize the organizational process assets you have to comprehend the rules, regulations, and obligations that apply to your project. As a result, anything the organization has gained that you may employ in the project's management would be considered an organizational process asset. Plans, rules, guidelines, and practices—both formal and informal—are included. Regardless of the project's type, these are crucial for the planning stage. Policies for estimating, budgeting, and control, as well as templates, forms, and data on prior projects, are a few examples of organizational process assets.
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Austin was often late to work, despite his manager, Ben, warning him against it several times. As a last resort, Ben reduced Austin's salary in proportion to the hours he missed at work by being late. It turned out to be the right thing to do as Austin was never late to work after the incident. Which of the following best explains this scenario?
a. positive reinforcement
b. negative reinforcement
c. instrumentality
d. valence
Answers
Answer:
b. negative reinforcement
Explanation:
Negative reinforcement refers to the response that helps in eradicating or removing certain behaviors in the individual. Some discomforting or disturbing action is taken that helps in the enhancement of a behavior.
In the given excerpt, Austin's behavior of coming late to the office is removed when his manager, Ben applied negative reinforcement. When Austin's salary was deducted because of being late at the office, helped him of improving his nature.
A _________ is when you take money out of the bank. (Select the best answer.) A _________ is when you take money out of the bank. (Select the best answer.) Withdrawal Deposit Teller Branch
Answers
withdraw
can you pls give me Brainliest i really need it
________ is increasing the pace of both cultural diffusion and cultural change.
Answers
Globalization is increasing the pace, which is of both cultural diffusion and cultural change.
Cultural change tends to occurs when people tend to integrate into their culture the gestures, traditions, material objects, or concepts of another culture which is done mainly through the cultural diffusion. Thus, globalization and technology are increasing by which the pace of cultural is changing around the world.
However, the cultural diffusion tends to describe the spread of one culture's beliefs, practices, and/or items, like food, music, or tools. Thus, it has been witnessed that globalization has its own impact on the cultures around the world.
Hence, globalization changes the way businesses, nations, and the people tend to interact.
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my business i love doing nails if ya'll don't know i love help ya'll nails free
Answers
Hmm......... Nice nice. :)
An IT firm consisting of several subsidiary units works on the development of software for alloy die casting. The firm conducts regular surveys about their own products already on the market. Recently, the managing body of the firm directed the software architects to evaluate the performance of the software application and decided to initiate a software quality improvement program by which they could enhance the quality attributes of their existing software along with up-gradation of new selling target. Hence the IT firm planned to start multi-site development at various locations for better economic reasons. A. In this context suggest by highlighting one instance that how the potentiality of scalability for this multi-site development approach of the newly developed product can be impacted in a positive and negative manner. (2+2=4) B. In this context suggest by highlighting one instance that how the potentiality of performance for this multi-site development approach of the newly developed product can be impacted in a positive and negative manner.
Answers
Scalability is defined as a characteristic of software application or system which allows it to handle an increased amount of work by adding resources.
For this multi-site development approach of the newly developed product, the potentiality of scalability can be impacted in a positive manner because as the product is developed on different locations, there are chances of errors, bugs and lagging, but these issues can be easily identified and resolved on-site basis. On the other hand, the potentiality of scalability can be impacted negatively if the development of software application at various locations does not have a proper communication and collaboration system among them which can lead to inconsistency in product development and finally to production of non-uniform software products which can lead to a negative impact on the scalability of the product.
The potentiality of performance for this multi-site development approach of the newly developed product can be impacted positively because with multi-site development, there is an availability of ample resources for the development team, including enhanced human resources, testing, and feedback cycles that allow the development team to concentrate more on product quality and less on distribution costs. Additionally, multi-site development helps to increase the innovation, speed, and the overall quality of the software product. The downside to this approach is that if the communication and collaboration among the different locations and teams are poor, it could impact the performance negatively. It can lead to conflicts, misunderstandings, duplication of work, and problems with achieving uniformity in the software products. These issues will ultimately result in a negative impact on the product's performance.
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PLEASE HELP GUYS WRITE A TOPIC WITH AT LEAST 200 TO 300 WORDS ABOUT DOGS RESEACH AND RESTATE IT IN YOU OWN WORDS PLEASE I WILL GIVE YOU BRAINLEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answers
Answer:
Did you know that dogs' noses are wet. Probably because of the fact that they drink water by licking and it may get on their nose or it's just wet. Dogs have feelings just like us humans do. They feel when something is wrong. They know when you happy and sad. Dog's are smart and listen very well if you train them. Dogs tend to lick us because that's their way of showing love. You know how us people just say I love you and show it well, since dogs can't talk they lick us and play around with us. Dogs also tend to stare at us which sometimes can be creepy but that's another way they show affection. Now if they don't know you then they will stare and bark because they need to absorb you and try to make sure you want to hurt their owner. Lastly, dogs can get jealous because they might see you with another do and think you're replacing them or they might see you with a baby and get jealous because they might feel not loved or cared for anymore so they expect all the love from you because they are attached and spoiled. Overall, dogs are loving and caring for little pets.
Answer:
Dog's are loving and caring kinda pets and tend to want all the attention
Explanation:
write short notes by Napier bone
Answers
Answer:
Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.
Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which career would be a good fit for her? O A. accountant O B. purchasing agent O C. commercial carpenter OD. human resources manager Reset Next
Answers
Answer:
A. accountant
Explanation:
The accountant has a very significant role in running a business. He or she keeps a precise record of money flow in the company. The accountant function is mainly mathematical as it involves the accurate collection, recording, analysis, and financial presentation of the organization’s business operations.
Business or financial transaction records have a lot of numerical. Prices, sales volumes, discounts, repayments period are all presented in numbers. An accountant will always be calculating. If Chloe enjoys math, she will like working as an accountant as the role depends on math.
The answer is: A. accountant
The main duty of an accountant is to prepares the financial information of an individual or an organisation. In order to do this, you need a really good command of math skills since all the information regarding the assets , liability, and capital of the individuals/organization is recorded in a numerical value.
What is the informal economy? how many people in the world's economy work in "system d"? what are some of the advantages of the informal economy? what are some of the disadvantages of the informal economy? does the united states have an informal economy? why or why not?
Answers
Answer:
Depending where you look for information, informal economy can cover a lot of different jobs and industries. The informal economy doesn't pay taxes and it is excluded in the gross domestic product. Some organizations include other industries under the informal economy, specially those that are not regulated or adequately controlled by the government. This includes many people who are self-employed or even employees that perform unprotected jobs. E.g. companies that hire poor or illegal immigrant workers and pay them on a daily basis.
According to the International Labor Organization, more than 61% of the world's population works under informal economies.
Some advantages of informal economies are:
higher income resulting from not paying taxes (even on a personal level, if you are able to work and earn a living but do not pay taxes, your personal net income will be higher than if you actually paid taxes). a lot of people are part of it, that means large scale employment.Informal economies tend to have serious disadvantages because the most powerful tend to abuse form the least powerful:
child labor or even forced labor unprotected jobs, e.g. no social security, no health care benefits, no safety at work, etc.Approximately 11-12% of the US economy is considered informal, and that represents almost $2.5 trillion per year. Some normal activities are included in the informal economy although we never think about them as being out of the system, e.g. babysitting, landscaping and cleaning services, etc. Other informal activities are more obvious, e.g. prostitution, drug dealing, theft, etc.
Explain why experience is such a critical factor in improving driver safety. Select one: a. Studies show that drivers with experience recognize hazards more rapidly, regardless of age b. The question is misleading: in fact, studies show that experience does not improve driver safety c. Experience as a driver improves the motor skills and vision essential to sale driving
d. Experience is only beneficial to driver safety because older drivers are safer; older drivers with less experience are safer than younger drivers with more experience
Answers
It is believed that experience is such a critical factor in improving driver safety. Studies show that drivers with experience recognize hazards more rapidly, regardless of age. Thus, the correct answer is option A.
The awareness of the driver is the key element of the driver safety. As awareness requires being cognitively and perceptually engaged with the driving job and the surrounding environment, it is essential for driver safety.
Being aware of the road, identifying potential risks, keeping situational awareness, and being sensitive to shifting traffic patterns and other cars are all examples of driving awareness.
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What is the difference between an excise tax and a percentage tax?
Answers
The local government determines the amount of tax to be charged, and there is a sales tax in place in 45 US States. Contrarily, an excise tax is a flat fee that is added to the cost of certain goods, some by states and some by the federal government.
What is the major difference between excise tax and value added tax?A percentage-based ad valorem tax is levied. This leads to the creation of an excise tax depending on the cost of the good or service. The Internal Revenue Service (IRS), for instance, charges an excise tax of 10% on indoor tanning services.
Sales tax is charged on the sale of products, whereas excise duty is charged on the manufacture of goods. While the manufacturer is responsible for paying the excise tax, the end user is responsible for paying the sales tax.
A business tax known as percentage tax is levied against individuals or organizations who engage in the sale or rental of commodities, real estate, or services in the course of their trade or company and whose gross annual sales or revenues do not exceed P550.000.
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economists assume that the goal of a firm is to maximize economic profits. be the largest firm in its industry. maximize gross revenues. sell as many units as possible.
Answers
Economists assume that the goal of the firm is to maximize profits, option (b) is correct.
Maximizing profits is the primary objective of firms in a market economy. This involves earning the highest possible revenue while minimizing costs. Firms that fail to maximize profits run the risk of losing market share and eventually going out of business.
However, it is important to note that there may be trade-offs between short-term profit maximization and long-term growth and sustainability. Additionally, some firms may prioritize other goals such as social responsibility or environmental sustainability, but ultimately, profit maximization remains the core objective of a typical firm in a market economy, option (b) is correct.
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The complete question is:
Economists assume that the goal of the firm is to
a. maximize total revenue
b. maximize profits
c. minimize costs
d. equate total revenue and total cost
e. break even in the long run
education opens the door to employment.
Answers
Answer:
yes education opens the door to employment as Education give us a new identity and talent which people are looking for the employment. Education can lead to success and employement.