2. when shortech introduced its quadrant mobile phone, it had few competitors and so it set a price of $500 when its unit cost was $350. the economics consulting firm it hired to estimate the demand elasticity confirmed this was the optimal price. since then, entry has occurred that make customers more price conscious. when it rehired the economics consulting firm to estimate the demand elasticity, it found that demand had become more elastic at -4. also, it eked out cost savings and now has a unit cost of $300. what price should shortech charge now?

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.

Which guideline will keep a mission statement relevant even in changing times?