The conflict between the Vice President of Marketing and her sales staff arises because
a. the sales staff are unwilling to offer discounts
b. the Vice President does not want to negotiate aggressively enough to maximize profits
c. the sales staff want to negotiate too aggressively
d. the Vice President is more willing to offer discounts to make the sale
c
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The statement "There is no accounting for taste" implies
A) individuals all have the same preferences. B) individuals all have different cardinal preferences but the same ordinal preferences. C) individuals all have different ordinal preferences but the same cardinal preferences. D) individuals all have different ordinal and cardinal preferences.
The term "industrial policy" refers to: a. the policy that industries develop to promote growth
b. the industrial policy related to marketing strategies. c. the illegal activity that firms sometimes engage in to reduce competition. d. the government policy that aims at enhancing the competitiveness of domestic firms. e. the government policy that primarily aims at protecting domestic jobs.