In the competitive bidding process, all bids should be blind so communication between buyer and sellers remains confidential

Indicate whether the statement is true or false

TRUE

Business

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Dell's new line of computers is selling for up to 20 percent lower than similar computers sold by its largest competitors. Since Dell's goal is to maximize its sales, it is probably using which type of strategy?

a. status quo pricing b. price lining c. penetration pricing d. price skimming

Business

As a consequence of forming the European Union (EU), a EU central bank equivalent to the U.S

Federal Reserve Board was established. Indicate whether the statement is true or false

Business