Discuss the concept of substitute goods and why these would affect pricing.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
During the product introduction stage costs can be substantial and are typically related to ...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
Discuss the concept of targeting.
-
Discuss the concept of goal congruence.
-
Discuss the concept of drum buffer rope.
-
MAX DIVISOR TREE Let a tree exists with the root value N. The property of this tree is that each of its nodes branches out to the nodes with a value equal to one of its divisors (except 1 and the...
-
Magnificent Modems, Inc. (MMI), has several capital investment opportunities. The term, expected annual cash inflows, and the cost of each opportunity are outlined in the following table. MMI has...
-
What is the difference between revenues and cash inflows?
-
Identify three selling situations where a memorized sales presentation may be appropriate. Explain why they would be appropriate.
-
Included in Outkast Companys December 31, 2012, trial balance are the following accounts: Prepaid Rent $5,200; Debt Investments $56,000; Unearned Fees $17,000; Land (held for investment) $39,000;...
-
Aca Pool Co . needs to order the following goods from Deakin Pool Supplies, vendor code V 1 5 , Kansas City, MO , and receive them on July 1 1 , 2 0 2 1 , in accordance with purchase requisition...
-
Knowing that P = 210 N, replace the three couples with a single equivalent couple, specifying its magnitude and the direction of its axis.
-
Not all firms are well suited to implementing open-book management. Discuss the characteristics that a firm should possess for a successful implementation.
-
Minneapolis Co. is a major exporter of products to Canada. Today, an event occurred that has increased the uncertainty surrounding the Canadian dollar's future value over the long term. Explain how...
-
The financial statements of P&G are presented in Appendix 5B or can be accessed at the books companion website, HYPERLINK "www.wiley.com/college/kieso" www.wiley.com/college/kieso. Refer to P&Gs...
-
Chloe lifts a 6 6 - kg barbell from the ground to a height of 2 . 4 8 m. How much work was done on the barbell?
-
What is the maximum angular momentum L max that an electron with principal quantum number n = 5 can have? Express your answer in units of h .
-
Current Attempt in Progress Amy Dyken, controller at Crane Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share and the related...
-
A company that uses job order costing incurred a monthly factory payroll of $203,000. Of this amount, $48,000 is indirect labor and $155,000 is direct labor. Prepare journal entries to record the (a)...
-
Jackpot Mining Company operates a copper mine in central Montana. The company paid $ 1 , 0 0 0 , 0 0 0 in 2 0 2 4 for the mining site and spent an additional $ 6 0 0 , 0 0 0 to prepare the mine for...
-
Sugar Ridge Manufacturing bought three used machines in a $167,000 lump-sum purchase. An independent appraiser valued the machines as shown: Machine No. ...................... Appraised Value 1...
-
Burberrys competitive advantage is through its differentiation strategy. What risk should Burberry remain aware of?
-
The acceleration due to gravity at an altitude y above the surface of the earth can be expressed as a = ?? 32.2 / [1+(y/20.9 x 106)]2 where a and y are expressed in ft/s2 and feet, respectively....
-
The velocity of a slider is defined by the relation v = v sin (nt + ). Denoting the velocity and the position of the slider at t = 0 by v0 and x0, respectively, and knowing that the maximum...
-
The velocity of a particle is v = v0 [1 sin (t/T)]. Knowing that the particle starts from the origin with an initial velocity v0, determine (a) Its position and its acceleration at t = 3T, (b) Its...
-
You have just made your first $5,200 contribution to your retirement account. Assume you earn a return of 12 percent per year and make no additional contributions. a. What will your account be worth...
-
There are two components of leadership. The first is your own personal style and the second is how you choose to lead. Use the following checklist to evaluate your leadership style: What Kind of a...
-
Selected Realized Returns, 1926-2017 Average Return Standard Deviation Small-cap stocks 16.5% 31.7% Large-cap stocks 12.1 19.8 Long-term corporate bonds 6.4 8.3 Long-term government bonds 6.0 9.9...
Study smarter with the SolutionInn App