What effect do costs have on a product/service's pricing during the introduction stage?
What will be an ideal response?
At the introduction stage, costs are very high. For products, the low quantities being produced causes high material
costs (material prices per unit generally drop as volume increases) and high labor costs (expensive machinery to
replace manual labor cannot be justified at such low production volumes). For services, costs are also high because
of the intensity of staff training in the new services.
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The conscious or unconscious attempt to control images in social situations is:
A) crisis management B) enhancement C) social responsibility D) impression management
Socially responsible marketing involves a strategic effort by firms to supply customers with environmentally friendly, sustainable merchandise and services.
Answer the following statement true (T) or false (F)
The following information is available for Juno Company for the month ending June 30, 2019.
* Balance as per the bank statement is $11,500. * Balance as per books is $10,300. * Check #506 for $1,400 and check #510 for $900 were not shown on the June 30, bank statement. * A deposit in transit of $3,218 had not been received by the bank when the bank statement was generated. * A bank debit memo indicated an NSF check for $100 written by Jane Smith to Juno Company on June 13. * A bank credit memo indicated a note collected by the bank of $2,200 and interest revenue of $53 on June 20. * The bank statement indicated service charges of $35. What is the adjusted book balance? A) $12,453 B) $12,418 C) $8,053 D) $8,000
Researchers have theorized and demonstrated the existence of four conceptual elements of Machiavellianism. What are the four elements and how do high Machs exhibit these four elements?
What will be an ideal response?