Why are more and more companies turning to dynamic pricing?
a. To help adjust prices
b. To implement bait pricing
c. To implement free on board origin pricing
d. To establish inelasticity of demand
ANSWER: a
More and more companies are turning to dynamic pricing to help adjust prices. Dynamic pricing is a strategy whereby prices are adjusted over time to maximize a company's revenues.
You might also like to view...
Deposit slips are usually generated by the B/AR/CR process:
a. at the time invoices are prepared b. by manual procedures c. electronically d. as part of processing cash receipts
Sal, a production manager, knows that some of his employees are upset with a new corporate policy that eliminates a tuition reimbursement program. As a result, some of these employees are participating in soldiering. To eliminate soldiering, Sal should
A. reduce the use of scientific principles in planning work methods. B. carefully select workers according to their abilities and give workers training. C. reduce training, but increase MBO. D. place workers in any task available, focusing on their interests and not their abilities. E. increase diversity and MBO.
Which of the following is not an APA-recognized procedural form of rulemaking?
a. Formal rulemaking b. Informal rulemaking c. Exempted rulemaking d. Hybrid rulemaking
The management of a fertilizer company decides to increase the company's cash flow by increasing its financing activities. In this context, the company is most likely to:
A. sell the goods and services that it produces. B. sell its fixed assets and financial assets bought as long-term investments. C. form partnerships and mergers with companies operating in the same industry. D. take short-term and long-term loans.