In this type of pricing, customers are encouraged to believe that the product is less expensive than it really is:

a. skimming
b. fair pricing
c. psychological pricing
d. customer led pricing


c. psychological pricing

Business

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The Top-Flite salesperson calls on a sports equipment retailer and describes his company's new golf balls as having "titanium in the cover to create explosive distance" and "tungsten in the core for amazing control on the greens". The retailer does not understand why the golf balls have tungsten in their core because he is not a golfer himself. In terms of the communication process, this represents a problem with:

A. source context. B. encoding. C. decoding. D. the message feedback. E. the medium.

Business

What external factors affect the pricing decisions made by organizations?

What will be an ideal response?

Business

Answer the following statements true (T) or false (F)

1. There is no best leadership style; leadership style needs to fit the type of employee being managed. 2. Ethical leadership means trying not to discipline or fire employees. 3. When a manager’s position changes and her title changes from “department head” to “vice president,” she has increased in legitimate power. 4. Ethical behavior in a manager’s private life is mostly irrelevant to employees’ view of him or her as an ethical manager. 5. If an employee has an ethical leader, it has been shown that she is more likely to exhibit moral courage.

Business

Tell me about a time when you showed initiative and took the lead is an example of a behavioral interview question

Indicate whether the statement is true or false

Business