A business products producer that has given its salespeople the right to adjust prices when necessary to get new business is using a ________ policy.

A. flexible-price
B. penetration pricing
C. one-price
D. target-return pricing
E. skimming price


Answer: A

Business

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Sarah, an independent consultant, purchased a new car at the beginning of the year. During the year she drove a total 20,000 miles, of which 12,000 related to meetings with clients and other business-related driving. Sarah incurs the following expenses related to both business and personal use:Gas and oil$6,000Repairs and maintenance2,500Depreciation3,000Insurance  1,800Total$13,300She also spent $200 on parking and tolls that were related to business. What are the possible amounts of Sarah's deductible transportation expenses?

What will be an ideal response?

Business

Which of these matrix combinations is a correct pairing for quality function deployment?

A) customer requirements and process specifications B) product characteristics and process characteristics C) product specifications and process characteristics D) process specifications and product specifications

Business

A company issued 70 shares of $30 par value preferred stock for $4,000 cash. The journal entry to record the issuance is:

A. Debit Preferred Stock $2,100, debit Investment in Preferred Stock $1,900; credit Cash $4,000. B. Debit Cash $2,100; credit Preferred Stock $2,100. C. Debit Cash $4,000; credit Paid-in Capital in Excess of Par Value, Preferred Stock $1,900, credit Preferred Stock $2,100. D. Debit Cash $4,000; credit Preferred Stock $4,000. E. Debit Investment in Preferred Stock $2,100; credit Cash $2,100.

Business

A fair hearing before an administrative agency should include all of the following except

a. an opportunity to be aware of the evidence against you. b. the right to counsel. c. a formal record of the proceedings. d. an automatic right to a new trial if you are the losing party at an administrative hearing.

Business