Osion Electronics Inc. incurs a cost of $350 to produce one unit of a cell phone. The company's management has priced the product at $600 in the market. Considering the technological advancement of the cell phone, customers perceive its value to be around $800. What is the economic value created in this scenario?
A. $350
B. $450
C. $800
D. $200
B. $450
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Action learning uses challenging, structured outdoor activities, which include difficult sports.
Answer the following statement true (T) or false (F)
Stage Technologies is a London-based company that supplies engineering solutions for the entertainment industry. It has helped the boy-band Westlife make a flying entrance onto stage and provided stage-rigging packages for the Princess cruise line. The company was established in 1994 after a couple of production designers decided that the automation of theater productions could be done more safely and more efficiently by using modular production rather than the old "build-as-needed" formula. The company installs wenches, stage lifts, and other equipment commonly used in stage productions. The equipment is designed so it can be operated from a single console without heavy lifting. Both opera companies and theaters see the benefit of such a system, but many are reluctant to buy because of
perceived costs.Joseph Harris is the company's best salesperson. Harris is making a sales call on the manager of a theater that is planning to perform three plays this season that include complicated lifting, flying, and a working trapdoor. The manager is aware of the time, labor, and monetary costs involved in staging these productions and wishes there was an easier way to produce the three plays.Buyer's remorse would most likely occur if: A. the customer had perceptual objections. B. Anderson or Harris used uniform delivery pricing. C. the customer tried to save money by buying fewer modules than needed. D. Anderson or Harris used too many trial closes. E. Anderson or Harris used the SELL sequence for prospecting.
Which control is not associated with new systems development activities?
a. reconciling program version numbers b. program testing c. user involvement d. internal audit participation
Through ________ competition, competitors offer different goods and services that attempt to satisfy the same consumers' needs and wants
A) discretionary income B) product C) brand D) monopolistic E) oligopolistic