Why is markup pricing most likely popular?
A) Sellers are more certain about demand than about costs.
B) Markup pricing tends to maximize market competition.
C) Markup pricing affords buyers greater bargaining power.
D) Sellers do not need to make frequent adjustments as demand changes.
E) Markup pricing is designed to set prices to break even on the costs of making and marketing a product.
D
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A ________ activity is one that is necessary to meet customer requirements
a. value-added b. backflush c. non-value-added d. just-in-time
______ is the conflict resolution strategy where managers try to deal with conflict by making everyone happy.
A. Forcing B. Avoiding C. Accommodating D. Compromising
An off-site meeting
a. is often called a retreat. b. may be used as a motivational tool or to build team spirit. c. may vary in length. d. all of these choices.
To test whether a particular diversification move has good prospects for creating added shareholder value, corporate strategists should use the
A. barrier-to-entry test, the competitive advantage test, the growth test, and the stock price effect test. B. strategic fit test, the industry attractiveness test, the growth test, the dividend effect test, and the capital gains test. C. profit test, the competitive strength test, the industry attractiveness test, and the capital gains test. D. attractiveness test, the cost of entry test, and the better-off test. E. better-off test, the competitive advantage test, the profit expectations test, and the shareholder value test.