Why is a company unlikely to set a uniform price all around the world?
What will be an ideal response?
A uniform price would be too low in rich countries and too high in poor ones; the price would not reflect the costs of transportation, tariffs, wholesale margins, and retailer margins that will differ from country to country.
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Which of the following refers to the extent of detail within the information?
A. Chance information B. Knowledge information C. Information granularity D. Information analytics
What would be the best description of the term packaging?
a. the use of the logo and brand name on the product packaging b. making sure that the form of delivery will prevent damage to the product c. the process of exploring all visual elements of the product and service appearance d. presenting the service in clearly labeled and attractive packages
Which of the following is true of the doctrine of promissory estoppel?? A) It requires that promises made should be supported by consideration
B) It permits the promisor to claim lack of consideration when the promisee acts in reliance on his promise. C) It requires the promisor to reasonably expect the promise to induce action by the promisee. D) It holds enforcement to be proper if the promisee would not be harmed if the promise were not enforced.
Which of the following theories utilized time-motion studies?
A) Theory Z B) scientific management C) reinforcement theory D) job enrichment E) expectancy theory