Although RICO was passed to prevent gangsters from taking money they earned illegally and investing it in legitimate businesses, it is now often used against businesspeople who break the law.

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


True

Business

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Which of the following factors is classified as a market factor?

A. Barriers to entry B. Competitive rivalry C. New technology D. Seasonality E. Economic conditions

Business

Discuss why service centers and service hotlines are important or unimportant to customer perceptions of service firms. Give an example to back up your argument

What will be an ideal response?

Business

Dinpro has been a major player in the surgical supplies market for over two decades. However,

it has steadily lost ground to United Surgicals over the past two years, with over half the customers preferring to do business with it. Identifying this downward trend, Dinpro has decided that it can wrest back the market leader position through a shrewd pricing strategy. Which of the following pricing strategies would best help Dinpro regain the market leader status? A) withdrawing company products from circulation to create an artificial demand and selling products at higher prices B) setting product prices higher than those of United Surgicals to indicate better product quality C) selling products at prices lower than those of the competition to maximize market share D) introducing innovative products and setting their prices high shortly after launch to recoup development costs

Business

Of the following financial intermediaries, which holds the least liquid assets?

A) Property and casualty insurance companies B) Life insurance companies C) Money market mutual funds D) Commercial banks

Business