Sales promotion methods include all of the following except:
A. premiums.
B. coupons.
C. rebates.
D. news releases.
E. frequent-user incentives.
Answer: D
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________ serves as a guide to the future by showing how the company's products and services, processes, and policies must evolve and what new technologies must be developed to get there
A) New clean technology B) A cradle-to-cradle practice C) Pollution prevention D) Product stewardship E) A sustainability vision
According to Moore's Law, the ________.
A. price of an integrated chip reduces once in 18 months B. performance of each transistor on a square inch of an integrated chip doubles every year C. density of a transistor decreases every year D. rate of innovation increases exponentially E. number of transistors per square inch on an integrated chip doubles every 18 months
Your partner unexpectedly dies. Your partnership agreement has a buy-sell clause with a "shotgun" provision. Which of the following is TRUE?
A) The value of your partner's shares will be appraised by an expert. B) The value of your partner's shares will be determined by arbitration. C) The value of your partner's shares will be determined by the average earnings of the company over a recent period. D) The shotgun clause is ineffective because of the death of your partner. E) The person who now owns your partner's shares must make you an offer for your shares. If you choose, you can instead buy his shares at that price.
Shoun Mechanical Corporation has developed a new industrial grinder-model QJ-47-that has been designed to outperform a competitor's best-selling industrial grinder. Model QJ-47 has a useful life of 120,000 hours of service and its operating cost is $0.60 per hour. In contrast, the competitor's product has a useful life of 30,000 hours of service and has operating costs that average $0.90 per hour. The competitor's industrial grinder sells for $129,000. Shoun has not yet established a selling price for model QJ-47.From a value-based pricing standpoint, what range of possible prices should Shoun consider when setting a price for QJ-47?
A. $201,000 ? Value-based price ? $423,000 B. $423,000 ? Value-based price ? $552,000 C. $129,000 ? Value-based price ? $201,000 D. $129,000 ? Value-based price ? $552,000