A store advertises new TVs for $100 a month for six $600 in order to
A. encourage customers to buy more than one item
B. make a larger price tag look more manageable
C. make signage more attractive to shoppers
D. significantly reduce the amount of tax taken

Answers

Answer 1

Answer:

B. make a larger price tag look more manageable

Explanation:

A price tag of $600 may see a too high price for many customers. To eliminate the perception of a huge price/expensive TV, the store opts to spread the TV cost over six months. The customer will end up paying $600 for the TV( 6 x $100).

The $600 price tag may discourage some customers, which translates to a loss of sales. $100 for six months is attractive, pocket friendly and may generate many sales to the store.


Related Questions

explain the role of finance in business​

Answers

Answer:

FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.

Ray has a music studio he runs from his house. Last quarter he raised $3000 is total services rendered. His expenses included $1000 for rent, $300 in utilities, $50 in interest on a loan he got from the bank and $200 in depreciation of his instruments. His tax rate is 40%. How much cash will Ray have to reinvest in his music studio?

Answers

Answer:

$1,070

Explanation:

As provided, the total revenue recorded in the previous quarter = $3,000

Total expenses as provided:

Rent expense = $1,000

Utilities = $300

Interest = $50

Depreciation = $200

Total = $1,550

Revenue after providing of all the expenses = $3,000 - $1,550 = $1,450

Less: Tax 40% of the amount $1,450 = $580

Net revenue = $870

Add: Depreciation = $870 + $200 = $1,070

Amount available for reinvestment = $1,070

Note: Depreciation is a non cash expense and shall be added to compute the amount available for reinvestment as that is not the cash spent.

Paula is a computer programmer and is very good at her job. The company Paula works for announces that they will be using brand new software tools. None of the current programmers, including Paula, know how to use these new software tools, but the company would like them to try to learn.

Answers

Answer:

offer to learn the new programming software tools

Explanation:

As per the given situation, the company will use new program software in which Paula works as a computer programmer but he didn't know about the new software tool. So in this case, the company will give the offer to learn the programming software so that the employees can learn and use into the company work.

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