Discuss the conditions under which a company might consider using price cuts or price increases
What will be an ideal response?
Price cuts may be necessary when there is excess capacity. Another time to cut prices is when market share is falling in the face of strong price competition. A company may also cut prices in a drive to dominate the market through lower costs. A major factor in price increases is cost inflation. Rising costs squeeze profit margins and lead companies to pass cost increases along to customers. Another factor leading to price increases is over-demand. When a company cannot supply all its customers' needs, it can raise its prices, ration products to customers, or both.
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The ________ lists all the headings in the report, along with the page numbers where the report sections begin
A) reference list B) glossary C) bibliography D) executive summary E) table of contents
If a state legislature passes and the governor signs a law that grants public relations the status of a profession that requires a state license in order to practice, which of the following would take precedence and lead to the law being reversed?
A. Common law D. Statutory law B. Executive actions E. U.S. Constitution C. Law of equity