A ____________ strategy in a new market involves setting a high price to recover development costs.

Fill in the blank(s) with the appropriate word(s).


price-skimming

Apple follows a price-skimming strategy.

Business

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When making claims or requesting adjustments, what should be included in the opening?

A) An apology for the inconvenience caused B) A straightforward statement of the problem C) A neutral buffer statement D) An expression of your anger and frustration E) A complete and specific explanation of the details of the problem

Business

You are the executive director of the local animal humane society. A staff member you supervise has been working at the society for less than one year. At the 6-month, you discuss with this employee that they seem to have mastered the basic tasks of the job but not the more difficult tasks. You have noticed lately that they seem a bit disillusioned about the job and the process of caring for these animals that seem so sad to be in the facility. Based on the Situational Leadership Approach, which leadership style should you exhibit?

A. delegating B. supporting C. coaching D. directing

Business

Partner Spence had the following items reported on a partnership Schedule K-1:    Ordinary income$57,000 Interest income 4,900 Dividend income 5,300 Guaranteed payment 15,000 Section 179 expense 16,000 Cash distribution 20,000 Spence had a basis in his partnership interest of $23,000 at the beginning of the year. What is Spence's basis in his partnership interest at the end of the year?

A. $31,200. B. $70,200. C. $21,000. D. $54,200.

Business

What is social selling?

A. creating friendships with customers that lead to social interactions B. the use of online, mobile, and social media to engage customers, build strong customer relationships, and increase sales C. engaging customers in the sales process over social engagements such as lunch or dinner D. acting like a management consultant to solve customer problems E. generating sales by promoting the firm and encouraging demand for its products

Business