Pricing decisions based only on revenue considerations often result in
A) a decrease in overall profitability.
B) an increase in overall profitability.
C) a decrease in overall revenue.
D) a decrease in supply chain revenue.
Answer: A
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When confirming receivables in testing for overstatements, assume that there are few or no misstatements expected and the selection will be based on the dollar value of individual items. Which of the following is the auditor most likely to use?
a. MUS sampling. b. Stratified mean-per-unit sampling. c. Ratio estimation sampling. d. Attribute sampling.
Millennials comprise the most financially affluent group in America today
Indicate whether the statement is true or false
Firms have some choice as to when they disburse cash. A firm may delay making payments to suppliers, employees, and others during the last several days of an accounting period and then make the cash payments during the early part of the next period. The firm
a. decreases cash flow from financing during the first period but increases cash flow from financing during the second period. b. increases cash flow from operations during the first period but decreases cash flow from operations during the second period. c. decreases cash flow from operations during the first period but increases cash flow from operations during the second period. d. increases cash flow from financing during the first period but decreases cash flow from financing during the second period. e. increases cash flow from investing during the first period but decreases cash flow from investing during the second period.
The process of developing new technologies that may make current products obsolete and may even alienate customers is known as:
a. competence killing. b. unlearning. c. competence exploration. d. creative destruction. e. technological orientation.