Trends Inc produces and markets casual wear for men and women. The company wants to be a global brand and is planning to enter a few chosen markets across Europe and Asia
To accommodate the differences in purchasing power and costs of shipping goods to the retailers, the company has decided to use cost-based pricing in each country. In order to ensure that this strategy is successful, Trends must first make sure that ________.
A) all the countries it is planning to enter have similar laws and regulations
B) competing offerings in the different markets are not priced lower
C) all competitors follow cost-based pricing
D) its marketing communication targets rival firms in the respective markets to prove its superiority
E) its transfer prices are high
B
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LMX theory assumes that improved exchanges between leaders and followers are desirable. When might a follower not want “improved career-oriented social exchanges” with a leader?
What will be an ideal response?
A class of stock for which there is no minimum legal capital is called:
A. Discounted stock. B. Noncumulative stock. C. No-par stock. D. Callable stock. E. Convertible stock.
What lessons did researcher’s draw from the Hawthorne studies concerning informal relations in the workplace?
a. That changing lighting in a workplace increased productivity of workers b. That the interior design of a workplace is critical to worker productivity c. That when workers form social relations at work, their productivity increases d. That if workers are allowed to become too social their productivity decreases
Duncan Crafts manufactures specialty key chains for tourist attractions. On January 1, the firm had 300 souvenir attraction disks, costing $3 each, used in the production of key chains. During the year Duncan Crafts purchased 1,500 souvenir disks costing $3 each and produced 1,100 key chains. Compute the total cost of souvenir disk raw materials inventory at December 31.
What will be an ideal response?