Who typically sets prices in large and small companies?
What will be an ideal response?
In small companies, prices are often set by top management rather than by the marketing or sales departments. In large companies, pricing is typically handled by divisional or product managers.
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_____ is a residual interest or claim—that is, the owners (shareholders) of a firm have a claim on assets not required to meet the claims of creditors
a. Retained Earnings b. Shareholders' equity c. Additional Paid-in-Capital d. Deficit e. Par Value
As a dimension of service quality, reliability means that ________.
A. a service is variable and has different outcomes due to employee variation B. a service is performed right the first time and every time C. service providers think from customers' point of view D. service providers are more willing and capable of providing prompt service E. a customer is repeatedly asked about his or her perception of the service quality
Kamath-Meier Corporation's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inventory requirements: Inventories = $22.0 + 0.125(Sales). The company expects sales of $275.0 million during the current year, and it expects sales to grow by 30% next year. What is the inventory forecast for next year? All dollars are in millions.
A. $59.4 B. $60.0 C. $54.7 D. $66.7 E. $82.0
If property that is located in a state becomes the subject matter of a lawsuit, the power of a court in that state to resolve disputes concerning the property is called:
a. venue b. territorial jurisdiction c. in personam jurisdiction d. removal jurisdiction e. none of the other choices are correct