Using a weighted system, requirements and restraints should be given equal weights
Indicate whether the statement is true or false
FALSE
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Shoe Trends, a company that manufactures formal shoes for men and women, offers to give its customers $10 for an old pair of shoes when they buy a new pair. In essence, they're reducing the price of the new shoes by $10
What is this type of price adjustment called? A) functional discount B) captive product pricing C) seasonal discount D) trade-in allowance E) by-product pricing
With regard to the standardization of equipment, which of the following is a false statement?
A. The organization may be able to reduce its service costs. B. Standardization facilitates the ease with which the employees operate the equipment. C. Equipment standardization costs more in the long run. D. The organization may be able to take advantage of quantity purchasing of equipment.