Customer service is anything that we do for the customer that enhances their budget
constraints.
Indicate whether the statement is true or false
F
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When ConAgra foods decided to cut $250 million in costs to return to a $1 price point (after sales dropped as a result of raising prices $0.25 to cover higher commodity costs), it was using ________
A) target costing B) experience-curve pricing C) ceiling pricing D) the learning curve E) promotional price elasticities
Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to a 11.2% rate of return on invested assets of $350,000. Fixed factory overhead cost $105,000 Fixed selling and administrative costs 35,000 Variable direct materials cost per unit 4.34 Variable direct
labor cost per unit 5.18 Variable factory overhead cost per unit .98 Variable selling and administrative cost per unit .70 The dollar amount of desired profit from the production and sale of the company's product is: A) $89,600 B) $39,200 C) $70,000 D) $84,000
In what four ways can communication and collaboration technologies be used to support team work?
What will be an ideal response?
In evaluating whether the industry and competitive environment presents sufficiently attractive prospects for both competitive success and attractive profits usually does not involve a consideration of which of the following factors?
A. the industry's growth potential and whether competitive pressures will likely grow stronger or weaker, and whether strong competitive forces are squeezing industry profitability to subpar levels B. whether the industry's product is strongly or weakly differentiated C. whether the industry's future profitability will be favorably or unfavorably affected by the prevailing driving forces D. whether the company occupies a stronger market position than rivals E. the severity of the macro-environment problems confronting the industry