Company A uses a pricing approach where the initial price for a product is set high and then lowered, and Company B uses an approach where initial prices are set low in an effort to gain market share. What terms best describe these practices? Company ACompany BA.PredatorySkimmingB.PenetrationPredatoryC.SkimmingPenetrationD.SkimmingPredatoryE.PredatoryPenetration
A. Choice A
B. Choice B
C. Choice C
D. Choice D
E. Choice E
Answer: C
You might also like to view...
Prepayments for Julianna Company decreased by $2,000 during Year 3, the firm expensed less cash during Year 3 for new prepayments than it expensed prepayments of earlier years. Assume that all prepayments relate to selling and administrative activities. The journal entries that Julianna Corporation made in the accounting records during the year had the following combined effect: Selling and
Administrative Expenses . . . . . . . . . . . . . . 35,500 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33,500 Prepayments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,000 To explain the change in the statement of cash flows T-account work sheet for Prepayments a. add back $33,050 to net income. b. add back $2,000 to net income. c. subtract $2,000 from net income. d. subtract $33,500 from net income. e. subtract $2,000 from retained earnings.
Jack Gangi sells ad space for companies that wish to advertise on buses. As he is selling ad space to a local art gallery owner, he closes by saying, "Since you know so much more about color and design than I do, I can learn a lot working with you developing this ad." This is an example of a(n) ________ close.
A. minor-points B. standing-room-only C. alternative-choice D. summary-of-benefits E. compliment
List the different ways short-term financing can come from.
What will be an ideal response?
Recruiters typically spend about three minutes looking at each résumé during the initial screening of applications
Indicate whether the statement is true or false