Dynamic pricing is the rapid movement of prices over time and possibly across customers, as a result of supply and demand matching
Indicate whether the statement is true or false
TRUE
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Offering a free toy in a Cracker Jack box is an example of:
A) sampling. B) premiums. C) spiffs. D) rebates.
Alton is 60-years-old and plans to fully retire in ten years. He has contributed to a traditional IRA for several years, and it now has a $150,000 balance. All of his contributions were deductible. Alton is considering converting the traditional IRA to a Roth IRA. He will pay any taxes due from a money market account he holds outside the IRA. The money market account earns a 5% after-tax rate of return. The IRA earns an 8% before-tax rate of return. Assume Alton's marginal tax rate is currently, and will remain at, 20%. He plans to withdraw the full balance from the IRA in ten years to buy a new house. Calculate the after-tax accumulation assuming he (1) retains the existing traditional IRA and (2) converts to the Roth IRA.
What will be an ideal response?
Which of the following is NOT an accurate characterization of the idea evaluation stage of the new-product development process?
A. The stage introduces a prototype of the product. B. The stage produces rough estimates of costs, sales, and profits. C. The stage involves an assessment of the assumptions managers are making about the new idea. D. The stage evaluates the potential reaction of channel partners like wholesalers and retailers. E. The stage involves getting reactions from customers by way of concept testing.
Mississippi Mud Pies, Inc. needs to buy 1,000,000 Swiss francs (CHF) to pay its Swiss chocolate supplier. Its banker quotes bid–ask rates of CHF1.3990–1.4000/USD. What will be the dollar cost of the CHF1,000,000?
What will be an ideal response?