You are head of sales and marketing for your firm, and you are meeting with the CEO to establish pricing objectives for the upcoming product year.Which of the following factors are you going to consider as you establish your firm's pricing objectives?

A. Consumer advocacy groups' concerns
B. Sales reps compensation packages
C. Competitor complaints
D. The firm's survival
E. Dissident shareholders' complaints


Answer: D

Business

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Which of the following is true of the credit crunch that occured in the U.S. economy in the early 1990s?

A. The credit crunch affected only big business firms. B. Small business firms that were unable to obtain bank loans were most affected during the credit crunch. C. The main reason behind the credit crunch was the dramatic decline in housing prices. D. The government bailed out many of the financial firms that were affected by the credit crunch.

Business

Suppose the only good traded between Mexico, the U.S., and Brazil is beef, which is produced by all three countries. If the cost of producing a pound of beef is 5 pesos in Mexico, 2 dollars in the U.S., and 1 real in Brazil, the exchange rates based on the law of one price would be  ____ pesos per dollar and ____ dollars per real.

A. 2.5; 2 B. 2.5; 0.5 C. 0.4; 0.5 D. 0.4; 2

Business

Under the_____________method, the amount of cash paid to suppliers of inventory is shown as a deduction in the operating activities category of the cash flow statement

Fill in the blank(s) with correct word

Business

Which of the following is NOT a duty of the court-appointed trustee in a chapter 11 case?

a. Investigate the acts, assets, liabilities, and financial condition of the debtor b. Examine proofs of claims c. Collect and liquidate the property of the debtor's estate d. All of the above are duties of a court-appointed trustee

Business