You are shopping at a luxury boutique shop, and notice all the prices of the products are listed as $200, $350, etc. This pricing strategy is considered:
A. luxury pricing
B. high end pricing
C. whole dollar pricing
D. odd pricing
E. even pricing
Answer: E
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Methods of accessing external secondary data are relatively easy compared to accessing primary data
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Companies are required to report plant assets as a single amount, with a note to the financial statements that provides detailed information. 2. Companies may choose to report plant assets as a single amount, with a note to the financial statements that provides detailed information, or companies may provide detailed information on the face of the statement. 3. IFRS permits the presentation of plant assets at their fair market value. 4. U. S. Generally Accepted Accounting Principles permits the presentation of plant assets at their fair market value.
In order to be successful with a low-cost leadership strategy, company managers have to
A. develop and market products and services at that absolute lowest possible cost. B. pursue backward or forward integration to deter suppliers or buyers with considerable bargaining power and leverage. C. eliminate wholesale and retail intermediaries and instead sell directly to users of their product or service. D. perform value chain activities more cost-effectively than rivals and be proactive in revamping the firm's overall value chain to eliminate or bypass "nonessential" cost-producing activities. E. outsource the majority of value chain activities to nations that have lower wage rates and fewer regulations.
Eastern Auto Parts' last dividend was Do = $0.50, and the company expects to experience no growth in the next 2 years
However eastern will grow at an annual rate of 5% in the third and fourth years, and, beginning with the fifth year, it should attain a 10% growth rate which it should sustain thereafter. Eastern has a cost of capital of 12%. What should be the present price per share of Eastern common stock? A) $19.26 B) $31.87 C) $30.30 D) $20.84 E) $19.95