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ioda
3 years ago
15

When most cars sold in the United States were produced by the Big Three auto companies, General Motors would announce its prices

for the new model year first and then the other companies would match it. This practice was an example of:
Business
1 answer:
photoshop1234 [79]3 years ago
5 0

Answer: Price leadership    

Explanation: In simple words, under price leadership strategy the dominant firm in the industry sets the prices for their products in the first place and then after that the other competing firms sets their prices following that dominating firm.

In the given case, the general motors is practicing price leadership as they are setting the prices in the market initially which is then matched by other firms.

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Answer:

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Preferred shareholders<u> have the right to receive dividends in the priority to the common shareholders of the company unit. </u> In other words, if there is sufficient funds with the company to declare dividends both to preferred and common shareholders, then in that case, preferred shareholders will be entitled the right to receive dividends first, and remaining amount will be distributed to common shareholders. Only that, they have this right only when the board of directors declares dividends.

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A(n) ________ program includes plans to help employees cope with stress, burnout, substance abuse, health problems, and family i
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