A market-skimming pricing strategy should NOT be used for a new product when ________

A) the product's quality and image support its higher price
B) enough buyers want the products at that price
C) competitors are unable to enter the market
D) competitors can undercut prices easily
E) producing a smaller number of goods is feasible


D

Business

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Which of the following describes an ERP system?

A. ERP systems enable people in different business areas to communicate. B. ERP systems have been widely adopted in large organizations to store critical knowledge used to make the decisions that drive the organization's performance. C. ERP systems provide a foundation for collaboration between departments. D. All of these.

Business

In many marketing research applications, the observations for two groups are not selected from independent samples. Rather, the observations relate to paired samples in that the two sets of observations relate to the same respondents

Indicate whether the statement is true or false

Business

Kate files her tax return 36 days after the due date. When she files the return she sends a check for $2,000 which is the balance of the tax owed by her. Kate penalty for failure to file a return will be

A.5% per month B.0.5% per month C.20% per month D.25% per month

Business

If you are interested in earning a little more money than what you can get from a typical savings account, then a ________ may be right for you. Banks use your money in this account and invest in government and corporate investments.

A) money market account B) checking account C) shared checking D) shared savings E) angel investing

Business