a. How do you describe your competition, both direct and indirect?

Q: PUGH MATRIX 1. This is your homework for this week. This is done by individually. 2. Create a PUGH…

A: Ans 2. A PUGH matrix to evaluate the best delivery app based on my experience. For this exercise,…

Q: QUESITON 13 Customer relationship management system enable organisations to A.be more focused on…

A: Q13 Answer: Customer relationship management system enable organisations to:  D. become demand…

Q: (In UAM)(Urban Air Mobility) Please find out whether ICAO, FAA, EASA, NASA, VTOL manufacturers have…

A: Urban Air Mobility (UAM) refers to the use of aerial vehicles, such as electric vertical takeoff and…

Q: What production, warehouse, and distribution resources will you need to manufacture and distribute a…

A: The specific resources required to manufacture and distribute a product will depend on the nature of…

Q: Companies in the modern day depend largely on IT for internal and external communication.

A: Information technology has revolutionized the way companies operate in the modern day business…

Q: What is your defintion of advertising

A: Please find the answer below.   ADVERTISEMENT: An advertisement, sometimes referred to as an "ad" or…

Q: How can organizations develop a strategic vision that balances long-term goals with short-term…

A: Strategic planning refers to the process of decision-making in which visionaries and top management…

Q: IKEA purchases desks from a supplier in Germany. Their stores in the US sell 4,000 units of desks…

A: IKEA, a global furniture retailer purchases desks from a supplier in Germany for sale in their…

Q: explain how firms obtain new product and why is it an important process for companies and customers?

A: Firms obtain new products in several ways, including internal research and development, partnerships…

Q: Assume that X and Yare Discrete Random Variables with the Probability Distributions given below: X 1…

A: In this problem, we are given a joint probability distribution table for two discrete random…

Q: Anchor Blue is a clothing retail company with store outlets primarily located across the mid- west…

A: To ensure that suppliers deliver their shipments on their agreed schedules, Anchor Blue can take the…

Q: A company wants to research the effectiveness of different types of marketing on consumer…

A: The dependent variable is the consumer's perspective of view. The marketing approach, which we are…

Q: A canned sales presentation has some drawbacks, among them that it Multiple Choice O allows little…

A: The canned sales presentation is a format that consists of providing information in an accurate,…

Q: How can I use the owl tool to evaluate Apple products?

A: Web Ontology Language (OWL), which is a standard for creating ontologies that describe concepts and…

Q: What are the ethically significant harms that may result from mass surveillance (including by…

A: Governmental or corporate mass monitoring can have serious ethical repercussions that put people's…

Q: You are hired by an advertisement company for a consulting. The company is planning an advertisement…

A: Note: The answer has been framed in a generalized manner.   A form of communication known as…

Q: Assess the application of interpersonal skills in training preparation and execution.

A: Interpersonal skills are a crucial component of successful training preparation and execution. These…

Q: 2. Define strategic planning and briefly describe the four steps that lead managers and the firm…

A: Strategic planning is a process that involves the development and implementation of a company's…

Q: Some media producers have gone so far as to create their own online communities. Explain Google's…

A: Please find the answer below.     CONTENT WRITING: Content writing is the preparation of written…

Q: Who or what is the intended audience for formal methods? In order for standards to be used, there…

A: INTRODUCTION -  Formal methods are a set of mathematical techniques and tools used to verify and…

Q: Weigh the benefits and drawbacks of five popular web hosting providers for businesses (e.g. Daraz).

A: Please find the answer below.   WEB HOSTING: You can publish your website files on the internet…

Q: What are your thoughts on determining what is real and what is fake while reading content online?

A: Since the nature of this question maybe subjective in nature, and might differ from person to person…

Q: Question 7 A rightward shift in the demand curve could be caused by O a. a increase in income,…

A: Please find the answer below.   DEMAND CURVE: The relationship between the cost of an item or…

Q: 1. Explain what is meant by a market-oriented mission statement and discuss the characteristics of…

A: A market-oriented mission statement is a statement that defines a company's purpose, goals, and…

Q: Recent work suggests that the efficiency of factors of production seems to differ inter- nationally.…

A: The Heckscher-Ohlin (HO) model of international trade is based on the assumption of factor-price…

Q: Each company's marketing plan should focus on customer retention. Two examples of firms employing…

A: The process of engaging with existing customers to make them buy products and services from the…

Q: There are two distinct theories in the field of organizational behavior: the Path-Goal Theory and…

A: The Path-Goal Theory and Leader-Member Exchange (LMX) Theory are two distinct theories in the field…

Q: In exponential smoothing a small value of puts more weight on the __________. time series value…

A: In exponential smoothing, a small value of alpha (α) puts more weight on the past time series…

Q: Twitter is popular for personal and business use. Twitter can boost a company's revenue five ways.…

A: Twitter is a social media platform that is used by individuals and businesses to share information…

Q: As a result of your success in expanding the "Real Estate, Real Cheap" network, your boss is eager…

A: INTRODUCTION -  As the head of the network, your boss has tasked you with the responsibility of…

Q: Explain not just what is meant by the phrase "service quality," but also the ideas behind "measuring…

A: Measuring and retaining service quality would help the organization overcome many issues and…

Q: There are many methods for authenticating messages.

A: A technique of message and data protection is known as message authentication. The message…

Q: In the context of online business, please define the phrase "separation of concerns."

A: In the context of online business, "separation of concerns" refers to the practice of dividing an…

Q: Is there a connection between the planning and scheduling of activities and the supply chain's…

A: The success of a supply chain is dependent on various factors, including effective planning and…

Q: How do high-contact and low-contact services operate?

A: High-contact and low-contact services operate differently depending on the level of physical…

Q: Why can having a wide variety of information systems cause issues at work? Is there a solution to…

A: In today's rapidly evolving technological landscape, organization's often rely on a wide variety of…

Q: Draw inferences from company IT use.

A: Company IT use can reveal important information about the organization's operations, culture, and…

Q: Suppose i want to prepare or manufacture a Tyre Gel for bike or car. What is the best Master…

A: The type of tyre gel composition you select depends depend on the viscosity, durability, and gloss…

Q: When it comes to working with computers and other sorts of technology, computer literacy provides a…

A: Small Enterprises may now contend for an equal position with larger enterprises because of…

Q: How can the concept of involvement be used to analyze consumer behavior, and what are some…

A: Concept Introduction : The concept of involvement refers to the level of personal relevance or…

Q: How might Amazon use One Medical’s resources and capabilities to create value for its custome

A: Specifically, Amazon will leverage One Medical's resources and capabilities to create value for…

Q: What key performance indicator should be used by OEB Breakfast Co.?

A: Key Performance indicators(KPIs) are those indicators or metrics that are used to measure the…

Q: Find a company that uses networks and information technology to do business beyond e-commerce.…

A: Please find the answer below.   INFORMATION TECHNOLOGY: Information technology (IT) is the creation,…

Q: Identify whether the information provided is qualitative or quantitative data. O Qualitative O…

A: The term research can be denoted as a systematic study which is conducted using the data already in…

Q: Look at how other companies are putting Technology to use, and learn from their experiences.

A: Technology is greatly influencing the business perspective. Although organizational cultures and…

Q: Develop a personal selling strategy for a given company in a customer-based organization

A: Personal selling is a marketing technique that involves face-to-face communication between a…

Q: You are offered a sales position and given a choice of salary plus a small commission or straight…

A: Introduction: Salary plus commission and straight commission are two different types of compensation…

Q: write a short Turnitin paper detailing the implications of social media for consumer behaviour…

A: The rise of social media has had a significant impact on consumer behaviour, both globally and…

Q: Mini-Case Where Should We Place Our Ad? A software company that is fairly well regarded for two…

A: In this mini-case, a software company has developed a tax package that they think their current…

Q: The MGMT Insurance Ltd. accepts payments on various insurance policies from employees of businesses…

A: Part 1I am a Financial Manager at MGMT Insurance Ltd. My functional area is finance and accounting.…

Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”