All of the following are true about the price element of services EXCEPT:
A. price can be used in capacity management.
B. price techniques like on-peak pricing are used to manage variations in supply for the service.
C. price can affect consumer perceptions of the service.
D. price can be used in services to imply a higher quality.
E. price can be referred to in a variety of terms.
Answer: B
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Pager company has a division that manufactures a component that sells for 58$ and has a variable cost of 24$ and fixed cost of 16$. Another division wants to purchase the component. What is the minimum transfer price if the division is operating at capacity?
A. $22 B. $66 C. $24 D. $58
The part of a formal report that highlights the important points for people who may not have time to read the entire document is the ________
A) budget B) executive summary C) authorization D) table of contents
The percentage of value of shipments that come from materials for the average manufacturer is:
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