Identify any additional changes that you think should be made to the system. Then discuss these with colleagues or friends. Try to reach an agreement about the changes that are needed most urgently.

What will be an ideal response?


? This is a matter of personal opinion to some extent, but most people would argue
that the biggest change that needs to be considered is reviewing the fees. They are
higher than those applied in many courts, and many feel that this is unfair.
? Should there be no fee, but an automatic requirement for the ‘loser’ to pay costs.
Would that deter weak cases in the way that the fee has done?
? Should claims be more of a paper exercise, particularly with straightforward
claims? Would it be cheaper and easier to operate a system whereby there is a
paper sift and a decision made without meeting the parties?

Business

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A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8 . Subsequently, the company declared a 2% stock dividend on a date when the market price was $11 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?

a. $3,200 b. $6,400 c. $4,800 d. $8,800

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During the ________ stage of the product life cycle, product sales may plunge to zero, or drop to a low level where they continue for many years

A) decline B) growth C) maturity D) ideation E) analysis

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The central selling point in a sales message:?

A) ?appears only in the middle of the sales message. B) ?is always the price of a product. C) ?appears throughout the message as a common thread. D) ?is always a point of difference between products.

Business

Pricing is one of the most important strategic decisions a firm faces because it reflects the value the product delivers to consumers as well as the value it captures for the firm.

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

Business