Target return pricing objectives
A. aren't used by industry leaders because they can maximize profits.
B. may simplify the management of large producers with many divisions or departments.
C. would never make sense for a nonprofit organization.
D. are usually very high for firms facing heavy competition.
E. All these answers are correct.
Answer: B
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When higher-priced competitors match the lower prices but have longer staying power because of deeper cash reserves, it leads to a(n) ________
A) low-quality trap B) fragile-market-share trap C) price war trap D) escalator trap E) shallow-pockets trap
Competition is ineffective as a conflict-resolution strategy because
A. the weaker party who gives in might look for ways to get back at the stronger party in the future. B. it does not allow either party to achieve their goals. C. the two sides to a conflict are more concerned about winning the battle, which can escalate tensions. D. the parties to a conflict ignore the problem and do nothing to resolve the disagreement. E. the parties to a conflict make concessions.
Compare and contrast wage and salary
What will be an ideal response?
The ______ measure of returns ignores compounding.
A. geometric average B. arithmetic average C. IRR D. dollar-weighted