After selecting a pricing strategy, what is the next step in the establishment of prices?
A. Developing pricing objectives
B. Determining a specific price
C. Assessing the target market's evaluation of price
D. Selecting a basis for pricing
E. Evaluating competitors' prices
Answer: B
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Firms use acquisition cost valuations and adjusted acquisition cost valuations for which of the following types of assets?
a. Assets that do not have fixed amounts of future cash flows. b. Assets that have fixed amounts of future cash flows. c. Assets with certain future economic benefits. d. monetary
On september 1 their will be an 5% increase on the dental insurance premiums
What will be an ideal response?
Chapter 3 Review ? Planning is an important part of the communication process. Taking the time to plan and prepare your messages will ensure that your professional messages are targeted appropriately for the audience and the purpose of the message. Review what you have learned in this chapter by completing the following questions. Read the scenario, and then answer the corresponding question
Lorraine is a division manager for a consumer products manufacturing company. Lorraine's company has not weathered a recent recession very well. Due to the company's hardships, Lorraine's division is facing a 10 percent budget cut. To avoid eliminating positions, Lorraine would like to convince her employees to take a voluntary 3 percent pay cut. The purpose of Lorraine's message regarding the layoffs is to __________. A. build goodwill with her employees to maintain morale B. eliminate the least productive employees C. persuade the employees to accept a voluntary pay cut Fill in the blank(s) with correct word
O'Reilly, Inc has prepared its third quarter budget and provided the following data
Jul Aug Sep Cash collections $51,000 $39,700 $47,900 Cash payments: Purchases of direct materials 30,000 21,900 17,000 Operating expenses 12,200 8,100 11,300 Capital expenditures 13,400 24,700 0 The cash balance on June 30 is projected to be $4,500. The company has to maintain a minimum cash balance of $5,000 and is authorized to borrow at the end of each month to make up any shortfalls. It may borrow in increments of $5,000 and has to pay interest every month at an annual rate of 4%. All financing transactions are assumed to take place at the end of the month. The loan balance should be repaid in increments of $5,000 whenever there is surplus cash. Calculate the amount of principal repayment at the end of September. A) $5,000 B) $10,000 C) $15,000 D) $20,000