What service could Clyde most likely offer to eliminate stress for his customers that his competitor does not offer?
A) free fabric softener on any drop-off order
B) free pick-up and delivery Monday to Friday from 9 am to 5 pm
C) free pick-up and delivery seven days a week from 6 am to 11 pm
D) drop-off and pick-up of laundry only on weekends, when customers are not as stressed
E) keeping the laundromat open 24 hours a day
C
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Which of the following is a geographical pricing strategy?
A) basing-point pricing B) segmented pricing C) dynamic pricing D) Internet pricing E) location-based pricing
Which of the following statements is true of the capital expenditures budget?
A) It is a part of the financial budget. B) It must be completed after the budgeted income statement is prepared. C) It includes the sales budget. D) It must be completed before the cash budget is prepared.
In a focused cost-leadership strategy, a firm
A. provides high-priced products for many different segments of the mass market. B. focuses on reducing the economic value created to drive down costs. C. delivers low-cost products and services to a specific, narrow part of the market. D. caters to the segment of the market that is least cost-sensitive.
Which of the following is true?
A) Water transport requires low rates of energy per ton mile moved. B) Because of high capital cost, rail must have a large volume of traffic to justify the expense. C) Operating costs per ton mile tend to be low for trucks. D) A and B above E) B and C above