Answer:
D
Explanation:
Penetration pricing strategy is setting an initial low price in other to gain market share and switch consumers from competitors. As a new entrant into the market with Low cost production, penetration pricing strategy should be introduced.
Answer: False
Explanation:
Mutually exclusive projects are the projects that compete directly with themselves in such a way that an individual can only choose one out of two projects and both cannot occur at thesame time.
The cash flows for a mutually exclusive projects compete with one another and when one accepts a project, it means that the other project can't be accepted.
Answer:
<u>A Sales Call </u>
Explanation:
A sales call refers to a formalized meeting arrangement between the sellers representatives and the prospective buyer, with an intention to clarify the prospects doubts and effect a sale.
Such a meeting is usually a face to face meeting between the sales representatives and the prospective buyer.
In the given case, a sales team from Quanto is engaged in an in-person face to face meeting with a team from Real Mart to discuss purchase of computer hardware.
This represents a case of a sales call being conducted to eliminate buyer doubts and effect sales.
The correct answer to this question is 10 years old. Alton Middle School is the largest middle school in Illinois. It is approximately composed 1,500 students and has started in the year 2006. It has a school system that has a 'gifted' student program from 1st to 8th graders - thus covering the middle school.
Answer:
Assortment warehousing is a form of warehousing that combines classic operations with light manufacturing and packaging duties in order to assure short customer lead times.
Explanation:
Warehousing
This have different points of view. The traditional view about warehousing is that it is a place used in for storage or holding of goods/ inventory
The contemporary opinion about warehousing is that it is has function set in place to mix inventory assortments to meet the need of customer. It deals with the storage of products which is held to a minimum.
Warehousing types
This includes;
1. Distribution centers
2. Consolidated terminals
3. Break-bulk facilities
4. Cross-dockers
assortment warehousing
This is a known form of warehousing. It consists of when different type of goods is held close to the source of demand in order to assure short customer lead time.