State the appropriate Pricing policy to be adopted: (i) A perishable item, with more than 80% of its shelf life over (ii) 'A' is a new product for the company and for the market and large scale production (iii) New version of mobile phone was launched by a existing mobile phone manufacturer where the manufacturer is financially strong.
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State the appropriate Pricing policy to be adopted:
(i) A perishable item, with more than 80% of its shelf life over
(ii) 'A' is a new product for the company and for the market and large scale production
(iii) New version of mobile phone was launched by a existing mobile phone manufacturer where the manufacturer is financially strong.
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- State the appropriate Pricing policy to be adopted: (i) Modern patented drug for the market by a pharma company (ii) A car manufacturer launches an innovative and advanced level car in high priced segment (iii)Latest version of updated mobile phone was launched by a existing mobile phone manufacturer.Suggest the correct policy to be adopted with reasons: concept of Pricing (i) New drug for the market by a drug manufacturing company (ii) A car manufacturer launched technically advanced level car which is placed in high price category. (iii)New version of mobile phone was launched by a existing mobile phone manufacturer."Advise the Pricing practices or policies to be adapted for each of the items discussed below with proper reasons" A.Car rentals, Telecommunications B.Airline ticket prices for Business & normal customers C.New product launch with massive production.
- STATE the most appropriate pricing policy to be adopted in the following independent situations: (Situations need not be copied. Only policy name is required.) (1) The company manufactures original equipment and does railways contract work. Other companies are also there in the market who also undertake similar projects. (ii) Patented Drug for COVID 19 ready to be launched in the market. A bike manufacturer is launching an innovative, technologically advanced bike in the highly priced segment. (iv) A company making a variant of sanitizers, trying to enter the market. The same varieties of sanitizers are already successfully capturing the market.Maximus Steel plans to introduce one of three new products code-named: Wren, Hawk, and Nightingale. The marketing department indicated that the success of any product depends on the market conditions (Favorable, Neutral, or Unfavorable). The profit the company will earn also depends on the market conditions. The table below shows the probability estimated for each market condition and the profits Maximus Steel will realize within those conditions: Product Code Market Conditions Favorable P = 0.2 Neutral P = 0.7 Unfavorable P = 0.1 Wren $120,000 $70,000 ($30,000) Hawk $60,000 $40,000 $20,000 Nightingale $35,000 $30,000 $30,000 Part 1 Instructions: Compute the expected value for each alternative. What is the best option for the company?Please explain all options 1) HST is A) Applicable on all invoices you issue but not on vendor invoices B) Applicable on all invoices you pay but not on invoices issued c) 13% is uniformly paid to the federal government in Canada d) A tax you include in your payments to your contractors 2) Competitive advantage can be gained through a) Skimming pricing strategy b) Focusing on distribution of your products in large retail stores c) Customer service enhancements d) Strategically following a low cost strategy 3) Which of the following is not a cash outflow a) Taxes b) Payments for future purchases c) Depreciation d) Payroll costs 4) If cost of goods sold is high relative to sales, it implies a) High variable costs b) That it does not matter c) High profit margin d) High fixed costs 5) Which one of the following is not true about franchising? a) Franchising contracts can include area developers b)Franchisee has full operational freedom c) Franchisor supports the operations of the…
- A company is providing its product to the consumer through the wholesalers. The managing director of the company thinks that if the company starts selling through retailers or to the consumers directly, it can increase its sales, charge higher prices and make more profit. On the basis of the following information and consider variable cost is rial 2.50 per unit and fixed cost is rial 50000. (a) Advise the managing director whether the company should change its channel of distribution or not (with calculation and Justification). (b) Provide suggestions and recommendations on the basis of analysis.Question 2: Minimum selling price and optimum price from price-demand relationships. – BIL Motor Components Ltd The directors of XYZ Plc. have been analyzing the performance of one of its subsidiary companies BIL Motor Components Ltd. In an attempt to win over key customers in the motor industry and to increase its market share, BIL has decided to charge a price lower than its normal price for component TD463 when selling to the key customers who are being targeted. Details of component TD463's standard costs are as follows: Component TD463 Batch size 200 units Machine Machine Machine Assembly (£) Group 1 (£) Group 7 (£) Group 29 (£) Materials (per Unit) Labour (per Unit) Variable Overheads 0.65 (per Unit) Fixed Overheads 26.00 17.00 3.00 2.00 1.60 0.75 1.20 0.72 0.80 0.36 3.00 2.50 1.50 0.84 (per Unit) Total 31.65 21.82 3.05 5.40 Setting-up costs per batch of 200 Units £10.00 £6.00 £4.00 £0.00 Required: (a) Compute the lowest selling price at which one batch of 200 units could be…If goods are shipped FOB destination, which of the following is true? A. Title to the goods will transfer as soon as the goods are shipped. B. FOB indicates that a price reduction has been applied to the order. C. The seller must pay the shipping. D. The seller and the buyer will each pay 50% of the cost.
- Consider the following series of independentsituations in which a firm is about to make a strategic decision.Decisionsa. Julian Phones is about to decide whether to launch production and sale of a cell phone with standardfeatures.b. Flint Computers is trying to decide whether to produce and sell a new home computer softwarepackage that includes the ability to interface with a thermostat and a refrigerator. There is no suchsoftware currently on the market.c. Maria Cosmetics has been asked to provide a “store brand” facial cream that will be sold at discountretail stores.d. Jansen Computers is considering developing a special line of computers that can be both a tablet anda computer.1. For each decision, state whether the company is following a cost leadership or a product differentiationstrategy.2. For each decision, discuss what information the management accountant can provide about the sourceof competitive advantage for these firms.Same question as above but need help with the following questions please a-2. From an operating profit (loss) perspective for March, should Miles Audio accept the order from Lanoo Custom Systems? b. What is the minimum price Miles Audio should accept to take the special order from Lanoo Custom Systems?Which of the following is relevant to Kitchenware.com’s decision to accept a special order at a lower sale price from a large customer in China? a. The cost of shipping the order to the customer b. The cost of Kitchenware.com’s warehouses in the United States c. Founder Eric Crowley’s salary d. Kitchenware.com’s investment in its Web site