A shortage of blood for transfusions for injured animals has resulted in the introduction of a synthesized product called Oxyglobin, which can be used effectively as a blood replacement. The manufacturer of the product has put a high price on the product in order to recoup its research and development costs. The manufacturer of Oxyglobin is using a _____ policy.
A. price-banding
B. penetration pricing
C. price-lining
D. bundling costs
E. price-skimming
Answer: E
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Data collection, solution generation, and solution implementation are all concepts associated which of the following processes?
A. The six-step decision making process. B. The four-step problem solving process. C. The six-step problem solving process. D. The four-step decision making process.
You know that you are on the way to peak performance when you
A) are beginning to feel some fatigue from the task. B) receive the coaching that you need to perform well. C) engage in multitasking. D) totally focus on what you are doing.
The list of 5Ss, although it looks like a housekeeping directive, supports lean production by:
A) identifying non-value items and removing them, in the "sort/segregate" category. B) reducing inventory, in the "standardize" category. C) increasing variability through standardized procedures, in the "standardize" category. D) eliminating wasted motion through ergonomic studies, in the "support" category. E) building good safety practices, in the "shine/sweep" category.
In the United States, the terminology "Most Favored Nation" is now referred to as:
a. Unconditional MFN trade. b. Conditional. c. Normal Trade Relations. d. Conditional National Treatment.