If a firm's demand curve is fairly elastic, a penetration pricing policy would be more suitable than a skimming price policy.
Answer the following statement true (T) or false (F)
True
A penetration pricing policy tries to sell the whole market at one low price. This is wise when the whole demand curve is fairly elastic.
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A salesperson's ________ is often related to how well he meets a set quota
A) call report B) compensation C) behavioral objective D) expense report E) professional development opportunity
A channel system in which the various members agree by contract to cooperate with each other is called a(n) ________ system.
A. administered channel B. multichannel distribution C. contractual channel D. vertically integrated channel E. traditional channel
The project sponsor is the person or group that provides resources and support for the project and is accountable for enabling project success
Indicate whether the statement is true or false
Which of the following is a false statement regarding cost information and ethical responsibilities?
A. Compliance with Sarbanes-Oxley guarantees that a manager has met all of his or her ethical responsibilities. B. Sarbanes-Oxley is important for managers who design cost information systems. C. Managers need to understand that performance measurement and compensation systems can lead to unethical conduct. D. Managers must be aware of the potential that cost information could be misleading or support fraudulent activity.