Answer:
b. False
Explanation:
In a competitive environment, pricing strategy is one of the strategies to ensure efficiency and profitability. But lowering of prices at the expense of deterioration in the quality of product offerings cannot be a recommended strategy.
The four competitive strategies specified by Michael Porter are namely, Cost Leadership, Differentiation, Cost Focus and Differentiation focus.
Under Cost leadership, a firm strives to offer it's products at the lowest cost and be the cost leader in an industry.
Differentiation refers to adding unique attributes and values to the products which differentiates such products from those of the competitors.
Cost focus refers to cost leadership when targeted at a particular marketing segment and similarly, differentiation focus is differentiation when applied to a specific marketing segment.
A firm cannot focus at price at the expense of quality of it's offerings. Thus, keeping prices down isn't all which matters.
The simple rate of return on the investment is closest
19.9%
Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is an <u>fiduciary</u> who has a duty to act on behalf of Shelby.
A fiduciary is a person or organization which acts on behalf of another person or persons. Hence, they put their clients interests ahead of their own, with a duty to preserve good faith and trust. For instance, lawyers have a fiduciary duty to act in the best interest of their clients.
So Shelby hires Lynn, who is an attorney in order to represent her in an employment discrimination case. So Lynn act as an fiduciary who has a duty to act on behalf of Shelby and help her win the case.
Hence, a fiduciary is legally bound to put their client's best interests ahead of their own.
To learn more about a fiduciary here:
brainly.com/question/15198880
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Answer:
GDP = $14,755.1 and expenditure approach
Explanation:
The formula to compute the GDP is shown below:
GDP = Personal consumption expenditures + Gross private domestic investment + Government consumption expenditures and gross investment + Net exports
where,
Net exports = Exports - imports
= $1,935.3 - $2,435.5
= -$500.2
So, the GDP is
= $10,417.1 + $1,818 + $3,020.2 - $500.2
= $14,755.1
And, the summing of all this items which are shown above while calculating the GDP is known as expenditure approach
Answer: The project scope will increase
Explanation:
From the question, we are informed that there is a project manager who is halfway through a project and then his customer contacts him to say that he has been authorized to provide additional funds for the project.
This will most likely increase the project scope. The project scope simply means the work that is needed to be done in order for a particular project to be accomplished. Due to the increase in funds, it means that more work will be expected.