According to the wheel-of-retailing theory, which pricing strategy is used by an innovator?

a. pricing at the market
b. prestige pricing
c. competitive pricing
d. deep discount pricing


d

Business

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Although giving or receiving bribes in business-to-business interactions is illegal in the United States, in some countries, such as France and Germany, bribes are accepted and companies may even deduct the amount as a legitimate income tax expense

Indicate whether the statement is true or false

Business

What do Ford Motor Company, Coca-Cola, Nike, and McDonald's all have in common?

A) They are all consumer packaged-goods companies. B) They all have foreign CEOs. C) They have all received a great deal of negative publicity in recent years. D) They all rely exclusively on TV advertising. E) They spend more in advertising in foreign markets than home markets.

Business

A company borrowed cash from the bank by signing a 4-year, 9% installment note. The present value for an annuity (series of payments) at 9% for 4 years is 3.2397. The present value of 1 (single sum) at 9% for 4 years is 0.7084. Each annual payment equals $76,300. The present value of the note is:

A. $107,707.51. B. $23,551.56. C. $70,654.69. D. $247,189.11. E. $305,200.00

Business

Incompatible demands regarding what a person’s role entails is known as ______.

A. role conflict B. role ambiguity C. role overload D. role enlargement

Business