What is the impact of the Internet on pricing strategies?
What will be an ideal response?
The Internet is enabling buyers to quickly and easily compare products and prices, putting them in a better bargaining position. At the same time, the technology allows sellers to collect detailed data about customers' buying habits, preferences - even spending limits - so they can tailor their products and prices. This raises hopes of a more efficient marketplace.
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All Natural Grocer hired Tim to maintain inventory records and Jenny to place orders for new inventory when stocks run low. To ensure that the warehouse can continue to function when either is on vacation, the company also trained Tim to place orders and trained Jenny to maintain inventory records. Which training method does this situation illustrate?
A. experiential training B. behavior modeling C. coordination training D. cross-training E. action learning
Which of the following is not part of the sales activity in the flow of manufacturing activities?
A. Cost of Goods Sold. B. Total Finished Goods available for sale. C. Cost of Goods Manufactured. D. Ending Work in Process Inventory. E. Beginning Finished Goods Inventory.
On the back of an envelope, Clark writes, "I promise to pay Dobie or bearer $700 on de¬mand. [Signed] Clark.". What type of instrument is this? Is it nego-tiable? If not, why not?
Balon Plastics, Inc is financed entirely with 3 million shares of common stock selling for $20 a share. Capital of
$4 million is needed for this year's capital budget. Additional funds can be raised with new stock (ignore dilution) or with 13 percent 10-year bonds. The firm's tax rate is 40 percent. a. Calculate the financing plan's EBIT indifference point. b. The expected level of EBIT is $10,320,000 with a standard deviation of $2,000,000. What is the probability that EBIT will be above the indifference point? c. Does the "indifference point" calculated in question (a) above truly represent a point where stockholders are indifferent between stock and debt financing? Explain your answer.