Profit rate tends to decrease over the life of the retained customer due to increased purchases, referrals, price premiums, and increased operating costs to service
Indicate whether the statement is true or false
FALSE
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Gillette uses ________ pricing when it offers razor handles at a low cost, but places a high markup on the replacement razor blades that fit in the handles
A) optional feature B) two-part C) by-product D) product line E) captive-product
Sarah agrees with her sister Anna that if she wins the lottery this week, she will share the prize with her. In exchange, Anna makes dinner that night. Which of the following statements is TRUE?
A) This is a contract, and there is a presumption that parties to a contract intend to be bound by it. B) Because this is a contract between family members, there is also a contrary presumption that the parties did not intend to be bound. C) If Sarah wins the lottery and refuses to give Anna half, Anna will have to show that a reasonable person in her position would have believed that Sarah intended to be bound by her promise. D) Both A and C E) All of the above
The focus of the analysis of human resource management and strategy is on:
A) the skills and knowledge level of the firm's employees. B) the capabilities and character of the management team. C) the capabilities and potential of the firm's employees. D) All of the above.
Name three positive things that a job can provide for an individual.
What will be an ideal response?