Which of the following is NOT a cost concept commonly used in applying the cost-plus approach to product pricing?

A) Total cost concept
B) Product cost concept
C) Variable cost concept
D) Fixed cost concept


D

Business

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ESB Group is the parent company of many related businesses under its banner. Each share of the parent company is quoted at $220. However, if this had to be assessed by adding the stock prices of each of its strategic business units, the value would only be $200 per share. In this scenario, what has ESB Group created?

A. diversification discount B. demand-pull inflation C. diversification premium D. capital liquidity

Business

A local smoothie shop offers discounted drinks in the middle of the afternoon. This is an example of?

a. Complementary services b. Reservations c. Demand sorting d. Pricing policies/promotions

Business

A polling machine has a mean time between failures of 408 and mean time to repair of 16. In this case, the availability is ______.

a. 0.962 b. 0.900 c. 0.920 d. 0.890

Business

The FCPA prohibits U.S. firms from paying bribes to: A) foreign competitors

B) purchasing agents of foreign firms with whom U.S. firms do business. C) foreign government officials. D) the clerk in a telephone office in Paris who is trying to place an overseas call for you. E)two of the above.

Business