Instalment credit is so profitable for the small business

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Reference no: EM13779041

1) Because instalment credit is so profitable for the small business, most small businesses finance themselves.

True

False

2) If a company wants quick acceptance and extensive distribution, when introducing a new product into a highly competitive market with a large number of similar products, penetration pricing is the best strategy.

True

False

Reference no: EM13779041

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