Which of the following pricing objectives is best implemented through a penetration pricing
approach?
A) market skimming pricing objective
B) product/service-quality leadership pricing objective
C) market share maximization pricing objective
D) profit maximization pricing objective
C
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Which of the following statements is true about the life cycle of animals?
A. Meiosis is not a necessary component of the animal life cycle. B. The gametes are the haploid phase of the animals life cycle. C. The products of the haploid phase of the life cycle are larger than those of the diploid phase. D. The gametes are the diploid phase of the life cycle.
When managing misperceptions and cognitive biases in negotiation, several decision traps can occur. Describe and give an example of the decision trap of shooting from the hip.
What will be an ideal response?
During the testing of a year end bank reconciliation, an auditor noticed that the majority of checks listed as outstanding at year-end had not cleared the bank. Which of the following is a likely explanation?
a. A high probability of kiting. b. A high probability of lapping. c. The year-end cash disbursements records had been closed prior to year-end. d. The year-end cash disbursements records had been held open past year-end.
A controlling investment is defined as owning what percent of the stock of another company?
A) More than 50 percent B) 100 percent C) More than 75 percent D) 75 percent