Which of the Following Intensifies Price Competition

question 39

Multiple Choice

Which of the following intensifies price competition?

• A)Non-price-related costs of using competing alternatives are high.
• B)Wider distribution of competitor and or substitution offers.
• C)Personal relationships have been established.
• D)Switching costs are high.
• E)Customer need for time and location specificity.

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Definitions:

FOB Shipping Point

A term used in shipping agreements indicating that the buyer assumes responsibility for the goods and the cost of transport once the goods leave the seller's premises.

Title To Merchandise

The legal right or ownership of goods and products, which is transferred from the seller to the buyer when the conditions of a sale are met.

Report Form

A form of balance sheet with the “Liabilities” and “Stockholders’ equity” sections presented below the “Assets” section.

Balance Sheet

A financial statement that displays a company’s assets, liabilities, and shareholders' equity at a specific point in time.