If Dell uses _____ pricing for its newest version of laptops, it is probably most interested in obtaining market share; and it is assuming
A. premium pricing; that no other competitors are likely to enter the market soon.
B. price-skimming; that no other competitors are likely to enter the market soon.
C. premium pricing; it needs to recoup R & D costs as soon as possible.
D. penetration pricing; that no other competitors are likely to enter the market soon.
E. penetration pricing; that other competitors could enter the market easily.
Answer: E
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Each department should determine its direct operating margin and then subtract indirect expenses from that total as a basis for overall performance evaluation
a. True b. False Indicate whether the statement is true or false
In a normal two-person conversation, at least 60 percent of the social meaning is expressed verbally.
Answer the following statement true (T) or false (F)
In step three of the performance appraisal process, “informal performance appraisal” refers to __________________.
A. an informal application process B. an informal selection process C. regular feedback on performance D. regular meetings with a mentor E. work documentation
Presley Products Inc is a manufacturer of limited edition dolls. They use operations costing to measure and track the costs incurred for specific product lines. While most of the products do require some machine time, Presley has determined that direct labor hours drive its manufacturing overhead costs. During the month of April, the following data were available for a particular line of dolls:
Direct labor 3,000 hours at $10 per hour Direct materials 4,000 pounds at $2 per pound If total overhead costs during the month totaled $25,000 when a total of 50,000 direct labor hours were worked, what will be the total manufacturing cost for this line of dolls? A) $40,500 B) $44,000 C) $63,000 D) $39,500