Why is price discrimination acceptable in pricing?
What will be an ideal response?
Price discrimination is used to charge different customers different prices for the same product or service for legitimate reasons. It is not illegal unless the competition is affected. For example, roses and other flowers are very expensive around holidays such as Valentine's Day and Mother's Day because the demand is so high and flowers are a popular gift for these holidays. Restaurants offer early bird specials or other promotions (cheaper drinks or appetizers) before 6:00 pm to encourage customers to come before the restaurant starts to get busy and to "even out" the business.
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Why do many major corporations actively encourage ethical behavior?
a. Ethical behavior always leads to more profits. b. Unethical behavior can quickly destroy a business. c. Unethical acts are always illegal. d. Unethical behavior always leads to a reduction in profits.
Which of the following completes the sentence, 'An organizational document that explains the rules and procedures for social media activity for the organization and its employees is also known as a ______'?
a. center of excellence model b. creative message strategy c. social media policy d. internal environment e. propagation brief
Describe the five pillars that make up today's security techniques
What will be an ideal response?
Identify which of the following statements is true.
A) The gross-up rule applies to the gift tax triggered by a gift during a three-year look-forward period. B) All gift taxes paid by the decedent on gifts made within five years of the date of death must be included in the gross estate. C) If a transferor retains voting rights in stock of a controlled corporation for the transferor's lifetime, the stock is included in the transferor's gross estate. D) All of the above are false.