When Top-Flite introduced its Strata golf balls with a new dimple design and more solid core for better flight with metal clubs, the price was three times that of regular balls. Pro shops still could not keep them in stock
What is the pricing strategy implemented by Top-Flite, and why did the company choose this strategy?
Top-Flite implemented the skimming price strategy, charging a high, premium price for its new product with the intention of reducing the price in the future. Top-Flite may have been able to recoup the cost of research and development.
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Answer the following statements true (T) or false (F)
Fundamentally, a labor union is a group of workers who join together to influence the nature of their employment. The widening gap between the richest and poorest individuals in the U.S. is in part due to the weakened position of labor unions. When an employer uses an employee suggestion box to gather ideas and concerns from its employees, it is primarily addressing the labor relations goal of efficiency. The goals of efficiency, equity, and voice in the workplace rarely conflict with one another. A key role of unions is to negotiate work rules and practices that ensure fair treatment of employees by their managers and employers.
Brain drain affects developing countries because
A. tax receipts are reduced. B. lower SAT scores lead to fewer opportunities for international study. C. the migration is an insult to national pride. D. they lose talent to migration, and this impacts their development. E. their pool of low-cost, unskilled workers is reduced, damaging potential for incoming foreign direct investment.
In a purchase motivation product grouping, _____
a. goods are categorized by end use b. a market segment is attracted c. impulse items are placed on the low floors in high-traffic locations d. gift items are placed together
If the defendant does not answer the complaint, a default judgment is entered against him or her
Indicate whether the statement is true or false