Question

A ____ is an analytical tool that identifies the primary external forces that are causing prices...

A ____ is an analytical tool that identifies the primary external forces that are causing prices to either increase or decrease.

market analysis
total cost analysis
target price analysis
cost analysismake-buy analysis
Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Total cost analysis - It is the price equation across multiple processes that span through the organization across the entire supply chain

Target Price Analysis- It is an approach towards understanding the market dynamics on pricing the product at the target price during the product development phase.

Cost Analysis (Make-Buy Analysis) - It is a technique in which the various pricing level are analyzed by understanding the customer purchase behaviour on them.

Market Analysis is the technique to understand the changes that external forces may bring on the price.

Therefore, Answer A)

Please Like & Provide your reviews in comments. :-)

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Topic Overview: Porter's Five Forces Model is a framework developed by Michael Porter that identifies five...
Topic Overview: Porter's Five Forces Model is a framework developed by Michael Porter that identifies five forces that determine the profit potential of an industry and shape a firm's competitive strategy. These external industry level forces include the threat of entry, the power of suppliers, the power of buyers, the threat of substitutes, and rivalry among existing firms. Within this section, you will be given a statement from HP's 2014 Form 10-K, and you must choose which force the example...
1. Companies that sell products whose prices are set by market forces are called price setters....
1. Companies that sell products whose prices are set by market forces are called price setters. price givers. price leaders. price takers. 2. Bonita Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $40000 Variable selling and administrative costs $20000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1600000 ROI 30% Planned production and sales 5000 pairs What is the total cost per pair of shoes? $68 $40 $158 $96
1A Further Public Offering (FPO) is made on which market: Primary Market Secondary Market Third Market...
1A Further Public Offering (FPO) is made on which market: Primary Market Secondary Market Third Market Fourth Market 2The difference between the primary and secondary markets include: Primary markets and secondary markets have fixed stock prices The primary market is not subject to commissions nor is the secondary market Primary markets and secondary markets are both open for an unlimited period of time The primary market is not subject to commissions and the secondary market is subject to commissions 3The...
Kenobi Tool Company has recently patented a new woodworking tool: a plasma-powered sabre saw. This tool...
Kenobi Tool Company has recently patented a new woodworking tool: a plasma-powered sabre saw. This tool cuts wood with a beam of plasma-energy, making an exact cut with a perfect finish. Given their patent, Kenobi is a monopolist seller. Kenobi is now deciding on the final design specifications of the product. Specifically, Kenobi could product either a Heavy duty version of the tool or a Light duty version. They could sell only one of the two versions, or they could...
Cost-volume-profit (CVP) analysis is a planning tool that examines the relationship among costs and how they...
Cost-volume-profit (CVP) analysis is a planning tool that examines the relationship among costs and how they affect profits or losses. Cost-volume-profit analysis is also referred to as cost-volume-price analysis because changes in sales prices also affect profits or losses. The CVP assumptions are: The price per unit does not change as volume changes. Managers can classify costs as variable, fixed, or mixed. The only factor that affects total costs is change in volume, which increases or decreases variable and mixed...
The market for the products of tool and die manufacturers is relatively easy to enter and...
The market for the products of tool and die manufacturers is relatively easy to enter and includes a large number of firms that produce a variety of fixtures, dies, molds, machine tools, cutting tools, gauges, and other tools used in other manufacturing processes. What would the long run supply curve look like if expansion did not increase wages (or any other input prices)? a. upwardly sloping b. flat (horizontal) c. downward sloping If when tool and die manufacturers expand, their...
1. If futures prices are lower than the expectations of spot prices in the future, a....
1. If futures prices are lower than the expectations of spot prices in the future, a. Hedgers and speculators will take the same positions b. Speculators will take a net long position c. Speculators will take a net short position d. Hedgers will take a net long position 2. Which of the following statements is true about emerging technologies and innovations in the financial sector a. They will increase the number of intermediaries who help facilitate the provision of financial...
When consumers are willing to buy less than producers are willing to sell: A. there is...
When consumers are willing to buy less than producers are willing to sell: A. there is excess supply of the product in the market and the price will fall. B. there is excess demand for the product in the market and price will rise. C. there is excess supply of the product in the market and the price will rise. D. there is excess demand for the product in the market and price will fall. Assume that farmers can use...
Consider the market for avocados. If the number of avocados sold is decreasing, but prices increasing,...
Consider the market for avocados. If the number of avocados sold is decreasing, but prices increasing, then we can conclude supply of avocados is decreasing supply of avocados is increasing demand for avocados is increasing demand for avocados is decreasing Suppose you work at a home improvement store. You have noticed that when the price of some tool X increases by 20%, the quantity consumed of another tool Y to decreases by 10%. If everything else is held constant, you...
Answer true or false as the case may be 1. Generally the prices of a monopoly...
Answer true or false as the case may be 1. Generally the prices of a monopoly industry will be higher than those of a competitive industry. 2. Monopolists generally want the demand curve they face in the market to be more elastic, in order to increase prices and total income. 3. Diminishing returns means that production is reduced. 4. The average income curve and the marginal income curve is the same as the demand faced by a firm in a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT