The price of a product influences the promotion mix to be used by the producer.
Answer the following statement true (T) or false (F)
True
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Copies of the sales order can be used for all of the following except
a. purchase order b. credit authorization c. shipping notice d. packing slip
Answer the following statements true (T) or false (F)
1. Two people can have the same experience, yet interpret the experience differently. This is one of the barriers to communication. 2. The majority of productive conversations take place offline. 3. Upward communication sends messages from the lower levels of the organizational hierarchy to the higher levels and downward communication sends messages from the upper levels of the organizational hierarchy to the lower levels. 4. Formal networks of communication can include grapevines and gossip chains. 5. In high-context cultures, “what you say is what you mean” and in low-context cultures, “what you say is not necessarily what you mean.”
Equipment depreciation is an example of a direct product cost in a manufacturing company
Indicate whether the statement is true or false
If a company wants to be a price-taker, which of the following strategies should be taken?
A) Enter a competitive market and focus on cost cutting. B) Produce a unique product. C) Exploit the value of a fashionable brand name. D) Differentiate the product clearly from the competitors.