What type of pricing is being used when a company temporarily prices its products below the list price to create buying excitement and urgency?

What did Adam Smith believe about the ultimate effects of mercantilist policies on the health of a country's economic situation?

A) Mercantilist policies strengthen an economy by protecting against competition. B) Mercantilist policies result in strong rates of unemployment. C) Mercantilist policies reduce the wealth of a country as a whole. D) Mercantilist policies harm special interest groups.

What is materials requirement planning (MRP)?

A) when companies produce goods and services by integrating many facilities, functions, and processes, from suppliers to customers B) when only minimal supplies are kept on the organization's premises and others are delivered by the suppliers on an as-needed basis C) a computer-based method of delivering the right amounts of supplies to the right place at the right time for the production of goods D) a list of materials that go into the finished product E) a computer-based system that collects and provides information about a company's entire enterprise, including identifying customer needs, receipt of orders, distribution of finished goods, and receipt of payment