Which of the following is a pricing policy whereby a firm charges a high introductory price, often coupled with heavy promotion?
A. penetration pricing
B. price skimming
C. price capping
D. profit pricing
E. price maximization
Answer: B
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According to goal-setting theory, which of the following is necessary for goals to create high motivation and performance?
A. Setting general goals that will work for multiple employees. B. Predetermining acceptable rewards for meeting goals. C. Setting goals that fulfill self-actualization needs. D. Reinforcing of desired behaviors. E. Setting goals linked to an action plan.
Shelby offers to make digital copies of Relay Company's business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the Uniform Electronic Transactions Act (UETA), Relay's acceptance by e-mail will be considered effective when
A. received. B. sent. C. followed up by a confirmation letter sent by regular mail. D. composed on a Relay computer.
What is the definition of the business judgment rule?
The primary risk in using a GTC limit sell order rather than a market order is that
A) the market price may exceed the limit price when the order is placed. B) the limit order may not be executed. C) the limit order may be executed at a price above the market price. D) the limit order expires at the end of the day and may not be executed.