Phil believes that the dealership should lower car prices to capture a higher share of the market. Competing on price will most likely work with which of the following car buyers?
A) a high-involvement buyer who values quality and durability
B) a high-involvement buyer who is willing to research features and performance extensively
C) a low-involvement buyer who has a tight budget
D) a low-involvement buyer who is unwilling to purchase online
E) a low-involvement buyer who asks an employee to make the buying decision
C
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If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit if it is not sold (Co) is $360, which of the following is the probability of the last unit being sold?
A. Greater than 0.90 B. Greater than 0.25 C. Greater than 0.85 D. Greater than 0.75 E. None of these
Wilson Pharmaceutical Inc. has a profitability ratio of 0.19, an asset turnover ratio of 1.1, a price to earnings ratio of 15.4, and a total asset to equity ratio of 1.30. What is the firm's ROE?
A) 18.64% B) 27.17% C) 38.08% D) 44.35%
Management planning is usually defined in three forms; strategic, governance, and operational
Indicate whether the statement is true or false
Which of the following is a permission that grants the user the right to enter new data?
A) Select B) Update C) Insert D) Delete