When setting prices, a company must consider factors in its pricing environment. ________ such as the business cycle, economic growth, and consumer confidence can have a significant impact on the firm's pricing strategies

A) Consumer trends
B) Economic trends
C) Competitors' responses
D) Regulations
E) Market structures


B

Business

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Which of the following is a group coupon site used by guests to save money, but also serves as a guest-generated marketing tool for organizations?

a. Travelocity b. LivingSocial c. E-Bates d. Google

Business

When people are kidnapped for ransom, the right response is to pay the ransom, get the hostages released, and then retaliate.

Answer the following statement true (T) or false (F)

Business

World Investment & Trading, Inc., encourages its employees to build trust with its customers and other companies. A corporation that "outbehaves" its competition ethically

A. may outperform its competition financially. B. most likely has fools for managers. C. may succeed but is not likely to outperform its competition. D. will undercut its profits and may not achieve business success.

Business

An increase in accounts receivable represents an increase in net cash provided by operating activities because receivables will produce cash when they are collected.

Answer the following statement true (T) or false (F)

Business