explain spirit's pricing strategy in your own words. does the company employ good-value pricing or value-added pricing? explain.

Answers

Answer 1

Spirit Airlines uses GOOD-VALUE pricing because they provide the ideal balance of high caliber and excellent service at a reasonable cost. The primary offering of the business is an airplane seat.

Value pricing is possibly the most essential pricing technique of all. This considers how valuable, significant, and useful your consumers consider your goods or services to be.

According to the pricing technique known as penetration pricing, manufacturers of new products set their prices extremely low in the hopes of luring consumers to buy them. Although penetration pricing enhances a company's market share, it can also result in the company making very little money.

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Related Questions

What is the danger of having a lot of debt?
(brainlyest)

Answers

Answer:

probably not paying it off in time or something

Explanation:

The four main consequences are: Lower national savings and income. Higher interest payments, leading to large tax hikes and spending cuts. Decreased ability to respond to problems.

recognizing that many customers want their shoes made in the usa is an example of this step in the continuous lean journey?

Answers

This is an example of identity customer value.A brand's significance and worth extend beyond its capacity for self-expression to include its function in aiding consumers in developing their own sense of self.

What is the meaning of customer identity?Based on the alignment of the brand image and the self-image, consumers build their identities through their brand selections.As a result, a brand's significance and worth extend beyond its capacity for self-expression to include its function in aiding consumers in developing their own sense of self. A approach for finding opportunities to streamline work, reduce waste, and boost production is known as lean continuous improvement.A pull-based system aims to reduce inventory and work-in-process while ensuring there are sufficient resources and knowledge to maximize work flow.On-demand production and just-in-time delivery are two typical examples of this.

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Your policyholder submitted a claim or fire damage to his structure that was caused by fire. The origin of the fire was caused by a defective wiring harness in the electrical system of his stove. After you process and pay the claim, you will need to notify the manufacturer of his stove of your intent to ________ against them for the damages the were caused by their defective product?

Answers

After you process and pay the claim, you will need to notify the manufacturer of the stove of your intent to "subrogate" against them for the damages that were caused by their defective product.

Subrogation is the process by which an insurance company recovers the amount it has paid for a claim from a third party responsible for causing the loss. In this case, the policyholder's fire damage was caused by a defective wiring harness in the electrical system of the stove, which is the manufacturer's responsibility. As an insurer, after paying the claim to the policyholder, you will seek to recover the paid amount from the manufacturer through subrogation.

In this situation, the insurer must notify the manufacturer of their intent to subrogate against them for the damages caused by the defective product. This allows the insurer to recover the costs paid for the claim, ultimately holding the manufacturer accountable for their defective product.

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five boxes of bananas sell for $30.00. how many boxes can you buy for $9.00?

Answers

Answer:

1 box.

Explanation:

First, find out how much one box costs. To do this, divide 30 by five. This gives us $6. So if each box costs $6, then how many boxes can we buy if we have $9? The answer is one. Two boxes would cost $12, but we only have $9, so we could only buy 1 box and have $3 leftover.

Explanation:

five box=$30

1 box =30 divided by 5 = 6

so 1 and a half = 90 because 1 box =6dollars so 1 and a half will be 90 dollars

mark as brainliest answer

who will win the fight tomorrow jake paul or ben askren
winner gets brainlest

Answers

Answer:

prolly ben askren  

Explanation:

cause he was an ameture wrestler before

Answer: Ben askren bro  

Explanation:

hello everyone hows you day i need help

Answers

Answer:

Fine and yours

Explanation:

How can we help you.

What is one reason that the importance of interpersonal relations in business is increasing?

Answers

One reason that the importance of interpersonal relations in business is increasing is due to the increasing importance of teamwork and collaboration.

The term "interpersonal relationship" refers to a close connection that exists between people who are employed at the same company. It is important for employees who work together to have a special connection in order for them to perform to the best of their abilities. In many modern businesses, success is dependent on the ability of teams to work effectively together. This requires strong interpersonal relations between team members, as it allows for better communication, problem-solving, and decision-making.

Additionally, strong interpersonal relations can also lead to increased job satisfaction and employee retention, which are important for the overall success of a business. Therefore, the ability to build and maintain strong interpersonal relations is becoming increasingly important in the business world.

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The main reason that Starbucks was able to have the main share of coffeehouses in the world is just two decades is that they: used tangible resources to provide their product. capitalized on the economic climate at the most opportune time. were the only coffeehouse to offer premium coffee during extended hours. successfully applied their knowledge and skills to better serve customers.

Answers

Answer:

Were the only coffeehouse to offer premium coffee during extended hours.

Explanation:

Starbucks has a significant share in global markets, it has developed it in not so long time.

Reason behind it might be that - Its premium coffee beans & consequently coffee quality. This complimented with fair range of coffee varieties, relaxing & comfortable ambience, specially during extended hours - helped it attain the status.

current assets minus current liabilities is called

Answers

Answer:

working capital also called net working capital (NWC)

Element 1: What is your definition of the pricing strategies • Element 2: There are several pricing strategies, explain four strategies, their importance and in which context of industries they can be applied. • Element3: Choose any Pricing related (theory, strategy, philosophies, mo techniques, etc) to discuss in-depth. • Element 4: Provide real example/s that support your chosen approach

Answers

Definition of Pricing StrategiesThe pricing strategy is a pricing plan that is put in place to improve sales by altering the cost of a product or service. The purpose of pricing strategies is to provide businesses with a means of making money by selling goods and services.

Pricing strategies are essential since they allow businesses to set prices for their products and services, which will help them improve sales while making a profit.Element 2: Explanation of Four Pricing StrategiesThere are four pricing strategies used in different industries that include:1. Cost-plus pricing: This is where the cost of production is calculated, and the company adds a profit margin to the final price.2. Penetration pricing: This is where the price of a product is reduced to gain entry into a market. Once the product has become popular, the price is then increased to maximize profit.3.

Dynamic pricing helps companies to raise prices during high-demand periods and reduce prices during low-demand periods, allowing them to optimize revenue. This is done using a pricing algorithm that takes into account various factors that affect supply and demand.Element 4: Real-life Example of Dynamic PricingDynamic pricing is used in various industries, including airlines, hotels, and ride-sharing services. Airlines use dynamic pricing to adjust the price of tickets in real-time based on the demand for a flight, the season, and other factors that can affect the price. For example, during holidays, airfare prices tend to be higher due to increased demand. Similarly, ride-sharing services such as Uber use dynamic pricing to adjust the cost of a ride in response to demand for rides in a particular location at a particular time. During rush hours or rainy days, the cost of a ride can increase.

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For an FBLA-PBL member who is interested in running for a state or national

office, what FBLA-PBL activity would be the most likely to help them?

O A. Participate in the Institute for Leaders

B. Network with local business people

C. Participate in local community service

D. Compete at the National Leadership Conference

SUBMIT

Answers

Answer:A

Explanation: i did the test

2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce

Answers

Explanation:

it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.

The management of Asteria Inc. is studying the financial reports and statements of the company for the current accounting period. Which
accounting head is a part of an off-balance sheet item?
A.
copyrights
В.
bank loan
C.
prepaid office rent
D.
operating lease

Answers

Answer:

В. bank loan

Explanation:

A balance sheet shows the total net worth of a business at the end of a financial year. It shows the assets of a business on one side and equity and liabilities on the other.

A balance shows the assets of a business and how they have been financed. On the liabilities, the balance sheet will indicate the short term and long term liabilities. A bank loan represents money obtained from the banks on credit. Bank loan will be a subheading on the liabilities side, especially if the business has loans from different banks.

Answer:

Its D operating Lease

Explanation:

Which of the following is one way that land contributes to production?
A. Tools are created by humans to aid production.
B. Roads allow for the transportation of goods.
C. Ideas are needed to figure out how to use natural resources.
D. Energy from the environment fuels production.

Answers

The answer is D (energy from the environment fuels production)

4. Suppose that you own a store that sells athletic shoes. You survey your customers and
analyze your sales data to see how many pairs of shoes you can expect to sell at various
prices. Your research enables you to make the following market demand schedule.
Qd
O
10
20
40
70
110
P($) of pair of shoe
175
150
125
100
75
50

Answers

Answer:

70

Explanation:

The market demand schedule shown shows the relationship between the price of a pair of athletic shoes (P, in dollars) and the quantity that consumers are willing to buy (Qd).

The number of shoes customers are willing to buy at different price points is shown in the table. The timeline of market demand is summarized as follows:

Price ($) of a pair of shoe (P):

$175, $150, $125, $100, $75, $50

Quantity demanded (Qd):

10, 20, 40, 70, 110

For example, a customer may want 10 pairs of shoes at a price of $175 per pair. Following the law of demand, which holds that when the price of a commodity decreases, the quantity demanded increases, all else being equal (all other things held constant), the quantity demanded increases when the price decreases. She goes. The store owner can use this market demand timeline to make pricing decisions that will maximize sales and revenue by better understanding consumer behavior.

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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false

Answers

Hiring labour is different from buying other goods and services, and the contract between the employer and the employee is incomplete. It does not cover what the employer really cares about, which is how hard and well the employee works.

A house is being appraised using the sales comparison approach. The house has four bedrooms, three bathrooms, and no pool. The appraiser selects a comparable house that has three bedrooms, three bathrooms, and a pool. The comparable house just sold for $280,000. A bedroom is valued at $18,000, and a pool at $15,000. Assuming all else is equal, what is the adjusted value of the comparable?

Answers

Answer:

$283,000

Explanation:

Calculation to determine the adjusted value of the comparable

Using this formula

Adjusted value of the comparable= Comparable houseValue +Bedroom value- Pool value

Let plug in the formula

Adjusted value of the comparable=$280,000+$18,000-$15,000

Adjusted value of the comparable=$283,000

Therefore the adjusted value of the comparable is $283,000

Credit items in a nation's balance of payments correspond to: A. Capital outflows. B. Anything that decreases the domestic money supply. C. Anything that increases the supply of foreign currency. D. Anything that increases the demand for foreign currency. E. Merchandise imports.

Answers

Credit items in a nation's balance of payments correspond to anything that increases the supply of foreign currency. Option c is correct.

This includes exports of goods and services, foreign investment, and other inflows of foreign currency into the domestic economy. The balance of payments is a record of all the transactions between residents of a country and the rest of the world over a given period of time, and is divided into two main components: the current account and the capital account.

Credit items are recorded on the capital account and reflect inflows of foreign currency into the domestic economy, while debit items reflect outflows of domestic currency to foreign countries. Option c is correct.

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when morgan became partner in his law firm, he went out and bought an expensive car that he parked in his driveway every night so his neighbors could see it. he wanted them to know how successful he was. this illustrates veblen’s concept of .

Answers

When Morgan became a partner in his law firm, he bought an expensive car and parked it in his driveway every night to show off his success to his neighbors. This behavior exemplifies Veblen's concept of "conspicuous consumption."

Conspicuous consumption refers to the act of purchasing and displaying luxury goods or services as a means to signal social status and wealth. Veblen argued that individuals engage in conspicuous consumption to gain social recognition and prestige. By showcasing his expensive car, Morgan is attempting to impress his neighbors and communicate his elevated social position.

Veblen's concept suggests that conspicuous consumption is driven by the desire for social validation and the need to differentiate oneself from others. It highlights the importance of material possessions in shaping social hierarchies and people's pursuit of status.

In summary, Morgan's decision to purchase an expensive car and display it in his driveway to impress his neighbors aligns with Veblen's concept of conspicuous consumption.

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marginal revenue product is equal to marginal revenue multiplied by

Answers

Calculating the marginal revenue product involves multiplying the resource's marginal physical product (MPP) by the marginal revenue (MR) that is produced. The formula MRMPL = MRPL states that the marginal revenue product of a worker is equal to the sum of the marginal product of labour (MPL) and the marginal revenue (MR) of output.

This can be used to calculate the ideal workforce to use at a market wage rate chosen exogenously. MRP is characterised as the extra income that will be produced by expanding a factor input, such as workers, equipment, or business sites. MRP = Marginal Physical Product x Marginal Revenue is the equation for marginal revenue product.

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Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral

Answers

Answer:

deferral

Explanation:

Adjusting entries are when changes are made to already recorded journal entries.

Categories of adjusting entries :

accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.

Prepaid expenses are payments made for services yet to be delivered.

For example, paying for a year's worth of subscription on your streaming service

Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral

If my revenue is one million and my expenses are 1,386,000, what's my profit in percentage

Answers

The profit in percentage given the revenue and the expenses is -38.60%

What is the profit in percentage?

Percentage is the fraction of a number expressed as a value out of 100. The sign that is used to represent percentage is %. In order to convert a number to percentage, multiply by 100.

Profit is the difference between revenue and expenses. Revenue is the total income earned by a company before any deductions are made. Expenses include all the cost incurred in running a business.

Profit = revenue - expenses

1,000,000 - 1,386,000 = -386,000

Profit in percentage = (profit / revenue) x 100

(-386,000 / 1,000,000) x 100 = -38.6%

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Cost-push inflation is caused by
increasing input prices. Which of the
following would NOT contribute to
increasing input prices?
A. expansionary monetary policy
B. a sharp decrease in the supply of oil
C. a sudden decrease in access to coal

Answers

A would be the answer since both of those would increase pricing do to the lack of amount there would be

Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.

Answers

Answer:

Option B !!!!! :))

Explanation:

Hamilton hoped that _______ would be able to create a single, stable currency for the US.

Answers

The answer would be: A central bank.

Explanation: Hamilton's vision for reshaping the American economy included a federal charter for a national financial institution. He proposed a Bank of the United States. Modeled along the lines of the Bank of England, a central bank would help make the new nation's economy dynamic through a more stable paper currency.

The benefits of effective listening are:

Answers

One benefit is that you are helping the other person talk through there problems

strengthen your relationship with that person

Making the other person feel appreciated

Hope this helps you have a great night!!!

_______ is an important step of the marketing process because it involves the process of systematically collecting, recording, and analyzing data on what consumers want and need, their consumption habits, trends, and changes in the marketing environment.
a. Marketing strategy
b. Marketing information system
c. Sales forecast
d. Marketing research

Answers

Answer:

Customer relationship management

A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.

Answers

Answer:

Firewall.

Explanation:

Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.

Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.

A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.

Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.

Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.

Answer:

Firewall.

Explanation:

Hope this helps

The types of job-specific knowledge you need to perform well in a specialized field, known as _______ skills, appear to be most important for first-line managers.

Answers

Answer: technical

Explanation:

The types of job-specific knowledge you need to perform well in a specialized field, known as technical skills, appear to be most important for first-line managers.

What is skills?

The term skills refer to the person ability and talent that comes to the master own her work. There are the different types of the skills such as communication skills, computer skills and graphic skills. A person is the expert to the particular field are they easily faced the problems and the efficiently performing the work.

According to the skills are the necessary to the person because it's the help to the developed of the knowledge and the experiences. There are the skills are the different types such as technical, computer, reading, listening and the other communication skills.  A person was the acquired the skills on school, college, and the past job.

As a result, the job-specific knowledge to perform are the well specialized field.

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When used together correctly, verbal and nonverbal communication can convey a rich and multilayered communication experience.

A. True
B. False

Answers

It is completely appropriate to mention that verbal and nonverbal communication can convey a rich and multilayered communication experience, when used correctly. Therefore, the option A holds true.

What is the significance of verbal and non-verbal communication?

Verbal communication can be referred to or considered as the form of communication that involves the usage of words to speak and communicate, whereas, non-verbal communication refers to as the use of actions or gestures to communicate.

Therefore, the option A holds true and states regarding the significance of verbal and non-verbal communication.

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