________ can occur when a company purposefully makes pricing decisions to undercut one or more competitors and gain sales and net market share.
A. Price discrimination
B. A price war
C. Price skimming
D. Cost leadership
E. Price elasticity of demand
Answer: B
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Bonds are sold at a premium if the
a. issuing company has a better reputation than other companies in the same business. b. market rate of interest was less than the face rate at the time of issue. c. market rate of interest was more than the face rate at the time of issue. d. company will have to pay a premium to retire the bonds.
XBRL GL, or XBRL Global Ledger Taxonomy, is different from XBRL US GAAP because it facilitates:
A. Efficient communication between the firm and financial analysts. B. Efficient communication between the firm and its customers. C. Efficient communication within a firm. D. Efficient communication between the firm and its suppliers.
Caileen has a pattern of coming in late on Mondays. Each time this has happened, Caileen’s manager has gotten angrier and angrier. Finally, the manager has had enough and wants to dock Caileen’s pay for being tardy on so many Mondays. However, there is no evidence that Caileen has ever been told that coming in late on Mondays is a problem. The discipline of Caileen appears to violate which test of Just Cause?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
Which of the following statements about Asian American buying patterns is most accurate?
A. Because McDonald's standardizes its products across all cultures, it does not actively market to Asian Americans. B. There is no real diversity among Asian American subcultures. C. The Asian American subculture is the most entrepreneurial in the United States. D. Assimilated Asian Americans exhibit buying patterns that are very different from the typical American consumer. E. Consumer research on Asian Americans suggests individuals and families divide into three groups - assimilated, non-assimilated, and recent immigrants.