The ________ determines how much a firm charges for a product
A) Gantt chart analysis
B) PERT chart analysis
C) pricing strategy
D) product strategy
E) return on marketing investment
C
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Which of the following accounts is not considered a selling expense?
a. Sales Salaries; b. Insurance Expense; c. Advertising Expense; d. Delivery Expense; e. Bank Credit Card Expense
One year many customers' machinery wears out and needs to be replaced. The following year no customers need new machinery. This is an example of ________ demand
A) inelastic B) fluctuating C) elastic D) consumer E) static
The organizing challenge of a decentralized structure that stresses employee empowerment is
A. establishing a collegial, collaborative culture so that decisions can be made by gaining a quick consensus on what to do and when to do it. B. how to convince lower-level managers and employees that they are empowered. C. how to avoid demotivating employees (because empowered employees are expected to take responsibility for their actions and decisions). D. how to keep empowered employees from making lots of stupid decisions. E. how to exercise control over the actions and decisions of empowered employees so that the business is not put at risk while trying to capture the benefits of empowerment.
The Truth-in-Lending Act allows a creditor to avoid liability for improper disclosure if the violation is corrected within fifteen days from the time it is discovered by the creditor and before the consumer gives written notification of the error
a. True b. False Indicate whether the statement is true or false