A sales maximization goal for a retailer is reflected in which pricing strategy?
a. market penetration pricing
b. administered pricing
c. pricing above the market
d. market skimming pricing
a
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Rashid, the CEO of Top Productions, was telling his new vice president of accounting that "In the past I had resistance to new ideas by people who felt that one of our plans threatens their influence or jobs. So when you tell your collections department that we just hired a collection agency to handle bad debt, you may have to sell your collections manager and his supervisors on using the agency and that nobody is going to be laid off." Selling middle and supervisory managers on changes to overcome their resistance is often a necessary part of ________.
a. strategic control b. reality assessment c. strategy implementation d. strategy formulation e. operational control
When a buyer defaults upon a land contract, the seller may elect to
a. evict the current buyer and find a new buyer. b. enforce the contract or declare the contract at an end. c. modify the contract. d. remove the time-is-of-essence clause from the contract.