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higher than in perfect competition

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MeGustaCulo

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Q: A major characteristic of monopolistic competition is that prices will be _____.?
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How do the best credit card deals advertise themselves against their competition?

One major way that credit card companies advertise themselves to stand out against the competition is by finding a niche market of consumers and creating a credit card designed to meet their needs. Popular examples of these types of cards are airline cards, retail store credit cards, and gas station credit cards.


Intersegment transfer pricing policy?

Transfer pricing refers to the pricing of contributions (assets, tangible and intangible, services, and funds) transferred within an organization. For example, goods from the production division may be sold to the marketing division, or goods from a parent company may be sold to a foreign subsidiary. Since the prices are set within an organisation (i.e., controlled), the typical market mechanisms that establish prices for such transactions between third parties may not apply. The choice of the transfer price will affect the allocation of the total profit among the parts of the company. This is a major concern for fiscal authorities who worry that multi-national entities may set transfer prices on cross-border transactions to reduce taxable profits in their jurisdiction. This has led to the rise of transfer pricing regulations and enforcement, making transfer pricing a major tax compliance issue for multi-national companies.


What four major things have changed businesses in the last ten years?

Factors Affecting BusinessIn my opinion, the four major things that have changed business in the last ten years are: InternetE-MailCorporate Scandals (i.e. Enron)Dot Com BubbleAs a result of some of these scandals, in the US Congress has established additional safeguards and regulations to prevent them from re-occurring.AnswerI would say the internet, cell phone usage (word of mouth advertisement), tv commercials and competition.


What are some of the pricing strategies used by major companies?

Prices are set by companies always according to the markets. The main strategies used are: Price Skimming: used to introduce a new product in higher price in order to cover production and advertising costs, reinvest and sell the product in a lower price. Penetration Pricing: used to attract customers by introducing very low prices by companies that are just entering the market.Return on Investment Pricing: used to predict profit by potential sales. Geographical pricing: pricing is set according to the level of living in a specific place.


What is a BSBA major in marketing?

A BSBA major in Marketing stands for Bachelor of Science in Business Administration. This major enforces skills such as product development, sales management and public relations.

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