A firm is said to be following a market-skimming pricing strategy, if it introduces a product into the market at a high price and slowly drops the price over time

Audience members typically decide which of the following during the preview of a presentation?

What will be an ideal response?

A profit center is

a) referred to as a loss center when operations do not meet the company's objectives. b) a responsibility center that always reports a profit. c) evaluated by the rate of return earned on the investment allocated to the center. d) a responsibility center that incurs costs and generates revenues.