GTB Electronics enters a new market and needs to set its pricing strategy for the market. Which of the following is a favorable condition for implementing skim pricing?

A) There is little differentiation between competing products in the market.
B) The market has many well-established competitors.
C) Entry into that particular market is difficult.
D) There are many substitute products available, with a wide range of prices and features.
E) GTB's product position is about the same as competitors' positions in every area of product and service quality.

C

Business

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A private attribute on a class diagram:

A) does not change its value for different object instances. B) is hidden from all classes except immediate subclasses. C) is only available in the object. D) is available to the class and all classes that have relationships with the attribute's class.

Business

Which of the following perspectives from the balanced scorecard approach focuses on

continuing to improve and create value? A) Customer perspective B) Financial perspective C) Internal business perspective D) Learning and growth perspective

Business