What are the two key factors in the product and services market that affect the ability of a firm to change the prices of its products or services?
What will be an ideal response?
1) The degree of competition among producers and 2) the level of demand for the products or services
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A newspaper article announced that Connect Wireless, the sixth-largest wireless carrier in a country, was changing its name to M-Mobile and that to begin the makeover process it had replaced spokesperson Robert Garmon with Catherine Naylor
Which of the following elements of a promotion mix is represented in this example? A) sales promotion B) advertising C) public relations D) personal selling E) direct marketing
Given that z is a standard normal random variable, what is the value of z if the area to the left of z is 0.0119?
A. -1.26 B. 1.26 C. -2.26 D. 2.26
A parent company owns a controlling interest in a subsidiary and on the last day of the year, the subsidiary issues new shares entirely to outside parties at $33 per share. The parent still holds control over the subsidiary. The adjusted subsidiary value at the date of the new stock issuance was $27 per share. Which of the following statements is true?
A. Since the shares were sold for more than the adjusted subsidiary value per share, the parent's investment account must be decreased. B. Since the sale was made at the end of the year, the parent's investment account is not affected. C. Since the shares were sold for more than the adjusted subsidiary value per share, the parent's investment account must be increased. D. Since the shares were sold for more than the adjusted subsidiary value per share, but the parent did not buy any of the shares, the parent's investment account is not affected. E. None of these answer choices are correct.
Milo publishes a book titled No Equals, which includes a chapter from Paige's copyrighted book Olympic Champions. Milo's use of the chapter is actionable provided that
a. consumers are confused. b. Milo's use is intentional. c. Milo's use reproduces Paige's chapter exactly. d. Milo does not have Paige's permission.