3M's pricing strategy for its Post-it Flag Highlighters was as follows:
A. match its principal competitors' highlighters' prices.
B. use the same pricing strategy as its 3M's Post-it Flag and Post-it Note offerings.
C. set an initially low price with the intent of bringing down the price even further later if sales were less than anticipated.
D. charge a price that would provide genuine value to the target customer segment.
E. place the product in discount office supply retailers to make it easier to purchase.
Answer: D
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An ethics ombudsperson:
A. handles all negative publicity for an organization. B. interacts with the organizational stakeholders on a daily basis. C. is also called a whistle-blower. D. is an official who assumes the role of corporate conscience. E. writes the company's code of ethics.
Portfolio AB was created by investing in a combination of Stocks A and B. Stock A has a beta of 1.2 and a standard deviation of 25%. Stock B has a beta of 1.4 and a standard deviation of 20%. Portfolio AB has a beta of 1.25 and a standard deviation of 18%. Which of the following statements is CORRECT?
A. Stock A has more market risk than Stock B but less stand-alone risk. B. Portfolio AB has more money invested in Stock A than in Stock B. C. Portfolio AB has the same amount of money invested in each of the two stocks. D. Portfolio AB has more money invested in Stock B than in Stock A. E. Stock A has more market risk than Portfolio AB.
The chronological record in which transactions are initially recorded in the order in which they occur is called a:
A) balance sheet. B) chart of accounts. C) trial balance. D) general journal.
There is much discussion about saturation of fast-food franchises and the need for unconventional locations (such as schools, zoos, or U.S. naval bases) in the United States. This illustrates which retail life cycle stage?
a. introduction b. accelerated development c. maturity d. decline