One feature that distinguishes nonprofit organization pricing decisions from profit-sector pricing decisions also exists in the profit sector, but there it is considered to be an undesirable, temporary situation. An example is university tuition. What is this practice?
a. nonfinancial prices
b. separation between payers and users
c. the lost pricing objective
d. below-cost pricing
Ans: d. below-cost pricing
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Assume a U.S. firm uses a forward contract to hedge all of its translation exposure. Also assume that the firm underestimated what its foreign earnings would be. Assume that the foreign currency depreciated over the year. The firm would generate a translation ____, which would be ____ than the gain generated by the forward contract.
a. loss; smaller b. loss; larger c. gain; larger d. gain; smaller
On her first day on the job, Sandra Washington forgot her umbrella and returned from lunch soaking wet. Since that first day, she has never had a problem with remembering things related to her job, and she has not forgotten her umbrella
At the end of her first year on the job, her supervisor noted on Sandra's performance appraisal that Sandra had a problem with forgetfulness. This incident is an example of ________. A) the halo effect B) stereotype C) harshness bias D) the primacy effect