VeriSign is a third-party certification seal program that verifies that a business protects confidential information with SSL encryption. VeriSign Secured basically means that the Identity of the website we try to access is been verified and validated by VeriSign, also VeriSign is involved with utilizing SSL protocol, encrypting transactions and communications for business protection and confidentiality.
How many copies of "The 7 Habits of Highly Effective Teens" has Sean Covey sold?
he has sold 5 million copies and more of The 7 Habits of Highly Effective Teens
You are establishing a fund that pays $1,000 annual scholarship to a student at Bauer Collage of Business starting a year from today, forever. If you can earn 8 percent annual return, how much do you have to put aside to keep this scholarship forever
How much do you have to put aside to keep this scholarship forever?
So this is a perpetuity and formula is PV=C/R
Annual Scholarship = $1,000 (C)
Annual Interest Rate = 8% (R)
Present Value of Perpetual Payment = 1000/0.08 = $12,500
Need to keep aside $12,500 for annual scholarship of $1,000 in perpetuity
If import restrictions remain in effect after an infant industry becomes competitive in the domestic market, consumers in this domestic market will pay a price which is ________ the world price for the product. A. higher than
B. lower than
C. the same as
D. All of the above are equally likely.
Answer: higher than
Explanation: The stockholders of companies in the infant industry gain when they are protected from world competition
-Consumes in that country will therefore pay a price higher than the world price.
Xerox pioneered the first portable fax machine. In 1980, the price was $12,700. Xerox was using a(n) _____ strategy to help recover the cost of its research and development. a. penetration pricing
b. cost-plus pricing
c. skimming pricing
d. above-market pricing
e. target ROI pricing
c. skimming pricing
Based on the information provided within the question it can be said that in this scenario Xerox was using a skimming pricing strategy to help recover the cost of its research and development. This is a pricing strategy in which the company places a really high initial price for it's new product, but then goes lowering the price as time passes. This also makes individuals believe that they are getting a bargain when prices begin to drop and decide to buy more.