To use revenue management strategies, a business should have which combination of costs?

A) high variable and high fixed
B) low variable and high fixed
C) high variable and low fixed
D) low variable and low fixed
E) either A or B

B

Business

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When the Federal Trade Commission (FTC) insists that a company stop making a false claim in an advertisement and that company agrees to stop, it is an example of a(n):

A) legal review B) cease and desist order C) administrative complaint D) consent order

Business

According to the internationalization process model, a firm is unlikely to receive unsolicited product orders from abroad before advancing to the pre-export stage

Indicate whether the statement is true or false

Business