Once considered less important or glamorous than other public relations functions, employee communications has become increasingly important

Indicate whether the statement is true or false

TRUE

Business

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When Juan's company introduced its new product in the market, it introduced it at the lowest possible price assuming that the demand for the product is going to be highly responsive to the introduction price

It also believes that a higher sales volume will lead to lower unit costs and higher long-run profit. What can be said about the company's objective?

Business

Employee benefits account for a little over one-third of wages and salaries

Indicate whether this statement is true or false.

Business