A low price buys market share but not market loyalty. The same customers will shift to any lower-priced product that may come along. This is called the ________ trap
A) low-price
B) relative-market-share
C) shallow-pockets
D) target-market-share
E) fragile-market-share
E
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Chicago Co is interested in purchasing a machine that would improve its operational efficiency. The cost is $200,000 with an estimated residual value of $20,000 and a useful life of eight years. Cash inflows are expected to increase by $40,000 a year. The company's minimum rate of return is 10 percent. The present value of $1 for eight years at 10 percent is 0.467, and the present value of an
annuity of $1 at 10 percent and eight years is 5.335. The net present value of the project is a. $74,520. b. $120,100. c. $93,400. d. $22,740.
A debit signifies a decrease in
A) assets B) expenses C) drawing D) revenues
For which of the following taxes is there no ceiling on the amount of employee annual earnings subject to the tax?
A) only Social Security tax B) only Medicare tax C) only unemployment compensation tax D) none of the above
________________ uses the potential synergies that can be created between their operational activities and their philanthropic activities.
a. Constricted philanthropy b. Peripheral philanthropy c. Dispersed philanthropy d. Strategic philanthropy