Competition-based pricing is

A. used when costs and revenues are considered secondary to competitors' prices.
B. not useful as a method of increasing or maintaining market share.
C. of little use if the competing products are homogeneous.
D. not able to increase sales.
E. most often used when competing products are homogeneous.


Answer: A

Business

You might also like to view...

Water Rites, LLC, enters into a contract to site and dig a well for Rancho Verde. Water Rites completely performs. Rancho Verde is entitled to

a. a discount. b. rescission. c. novation. d. nothing more.

Business

America's dairy farmers and milk processors use their "Got Milk?" campaign to increase demand for milk relative to other beverages. This campaign would consist of ________ ads.

A. competitive institutional B. pioneering institutional C. advocacy D. competitive product E. pioneering product

Business

The Franklin Company issued a 6% bond three years ago at par value. The market interest rate on comparable bonds today is 5%. The Franklin Company bond currently pays ________ a year in interest and the bond sells at a ________

A) $60; discount B) $60; premium C) $50; discount D) $50; premium

Business

After Taft-Hartley, the National Labor Relations Act was amended several times, the most significant version being the:? A) ?Clayton Act

B) Landrum-Griffin Act.? C) Sherman Act.? D) Wagner Act.

Business