A market-penetration pricing strategy is most suitable when _______
A) a low price slows down market growth
B) production and distribution costs fall with accumulated production experience
C) a high price dissuades potential competitors from entering the market
D) the market is characterized by inelastic demand
E) a low price encourages actual competition
B
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The triple bottom line metric is used for measuring the financial results of the company, but does not take into account equity, economic or environmental considerations.
Answer the following statement true (T) or false (F)
Priscilla Han signs a mortgage document to mortgage her house to Pascal Wong. Pascal does not register it. Priscilla then sells the property to Danny Kwon who does not know of the mortgage and who registers the deed
Which of the following statements is TRUE? A) The mortgage is enforceable against Danny because Priscilla signed it when she owned the property. B) The mortgage is enforceable against Danny because it is in writing. C) The mortgage is not enforceable against Danny because it was not registered. D) The mortgage is enforceable because mortgage rights cannot be extinguished except by fraud. E) both A and B
A firm with a limited budget for promotion will probably rely on advertising because personal selling is so expensive.
Answer the following statement true (T) or false (F)
Generally, indorsers are not liable under signature liability if
A. they write the words "without recourse" next to their signatures on the instrument. B. they are not the drawee. C. a check is presented for payment within 30 days after the indorsement. D. they are an accommodation party.