C market was dominated by well-known companies such as IBM, Apple and Compaq. Recently, clone manufacturers have begun to gain market share. Today, price has emerged as a major impact into the purchasing decision of PC’s. Customers now are much more computer literate, and they realize that many PCs offer identical quality performance. This shows that ______________imperative dominates the strategic plans of computer manufacturers. Select one: a. Social b. Political c. Economic d. Quality
C market was dominated by well-known companies such as IBM, Apple and Compaq. Recently, clone manufacturers have begun to gain market share. Today, price has emerged as a major impact into the purchasing decision of PC’s. Customers now are much more computer literate, and they realize that many PCs offer identical quality performance. This shows that ______________imperative dominates the strategic plans of computer manufacturers. Select one: a. Social b. Political c. Economic d. Quality
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Concept explainers
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
Question
C market was dominated by well-known companies such as IBM, Apple and Compaq. Recently, clone manufacturers have begun to gain market share. Today, price has emerged as a major impact into the purchasing decision of PC’s. Customers now are much more computer literate, and they realize that many PCs offer identical quality performance. This shows that ______________imperative dominates the strategic plans of computer manufacturers.
Select one:
a. Social
b. Political
c. Economic
d. Quality
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