Which of the following statements about a free pricing strategy is false?
A) Free products and services can knock out potential and actual competitors.
B) The free pricing strategy was born in the early days of the Web.
C) It is difficult to convert free customers into paying customers.
D) Free products and services can help build market awareness.
B
You might also like to view...
The ________ states that for a period of one year, an application for a patent in a second member country will be treated as though it had been filed on the same date as the application made in the first member country
A. common origin doctrine B. rule of reason C. Trademark Law Treaty D. right of priority
Which of the following is NOT true regarding fidgeting?
a. Unnecessary movement can be distracting. b. If your whole body is on camera, do not gesture. c. Avoid swiveling in your chair. d. If seated, do no gesture excessively.
Anchor Company sold merchandise with a cost of $560 to a customer for $890 on account. Due to an error, this sale was never recorded in the accounting records. What effect will the failure to make the necessary entries have on the company's financial statements?
A. Total assets and total stockholders' equity will be understated. B. Total assets will be overstated and total stockholders' equity will be understated. C. Total assets and total stockholders' equity will be overstated. D. The financial statements will not be affected.
What is the cost of the inventory policy (excluding cost of goods) if the diner orders at the economic order quantity?
A) $53.40 B) $106.80 C) $26.70 D) $80.10