Describe how rate fences should be used in a hair salon service
What will be an ideal response?
Rate fences may be perceived as less fair if they are framed as surcharges instead of discounts. A hair salon should thus set a higher weekend price and offer a discount for weekday service.
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Consumers often rely on decision guidelines, or mental rules-of-thumb, when weighing the merits of competing brands. These rules are referred to as ________
A) evaluative criteria B) attitudes C) affects D) heuristics E) cognitions
The current ratio equals
a. current assets plus current liabilities. b. current assets minus current liabilities. c. current assets multiplied by current liabilities. d. current assets divided by current liabilities. e. current liabilities minus current assets.
The process by which management plans, evaluates, and controls long-term investment decisions involving fixed assets is called cost-volume-profit analysis
Indicate whether the statement is true or false
You own a candy bar company and are considering changing your packaging (candy wrapper or box) to be more environmentally friendly by using different (recycled or biodegradable) materials and less of those materials. This is a very socially responsible strategy on your part, but what functions of packaging must you not lose in this change?
What will be an ideal response?