The payoff matrix below shows the per-unit profits associated with the production strategies of two utility companies, ua and ub. each firm has two choices: to reduce production by 10 percent or by 20 percent. the first entry in each cell indicated the profits to ua, and the second, the profits to ub.
assuming no cooperation, which statement is true?
neither company has a dominant strategy
both companies have an incentive to reduce production by 10%
both companies have an incentive to reduce production by 20%
only ua has an incentive to reduce production by 20%

Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.

Bmw receives data transmitted by each new vehicle it sells to employees understand how customers use the products and when service may be needed. this use of technology aids in bmw's efforts to interact in an ongoing basis with its customers.