A pharmaceutical company in Utah recently released a new and expensive anti-ulcer drug in the market. The company justifies the high price of the drug by claiming that it is highly effective for treating all kinds of ulcers
The company also claims that the new drug will help bring down the need for invasive surgeries, an additional benefit for patients. Which of the following pricing strategies is the pharmaceutical company most likely using in this instance?
A) target pricing
B) markup pricing
C) cost-based pricing
D) value-based pricing
E) break-even pricing
D
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Typically the first step of the problem-solution sales presentation is to:
A. prepare a written problem-solution proposal for the prospect. B. have the prospect and the salesperson agree on the nature of the problem. C. analyze the prospect's problem in order to find possible solution. D. convince the prospect to allow the salesperson to analyze the problem. E. prepare the presentation based on previously gathered customer knowledge.
Sarah invests $2,700 today in an account that pays 6 percent interest compounded annually. She wants to know the total balance in her account five years from today. Identify the correct keystrokes to be used in a financial calculator to determine the total balance.
A. N = 6, I/Y = 5%, PV = 2,700 B. N = 5, I/Y = 6%, FV = -2,700 C. N = 5, I/Y = 6%, PV = 2,700 D. N = 5, I/Y = 6%, FV = 2,700 E. N = 5, I/Y = 6%, PV = -2,700
Ocean carriers are liable if cargo is damaged as a result of the ship being taken over by pirates, if the seizure or damage was foreseeable and the carrier failed to take necessary preventive measures
Indicate whether the statement is true or false
Under the 1990 Clean Air Act:
a. Congress provided for the control of pollution originating in the foreign countries b. Congress provided for an import duty on those goods produced at foreign plants that do not use pollution controls c. Congress required further reductions in the emission of toxic pollutants d. the EPA is to focus on limiting pollutants from autos e. provide an exemption to coal-fired power plants from sulfur dioxide and nitrogen oxide emission reductions