Technology to adjust prices to demand on real-time basis

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Reference no: EM132196360

1. If a firm is operating in a relatively stable market and wants to consistently produce a product or service with great precision, it will likely

adopt a taller structure.

adopt a shorter structure.

adopt a matrix structure.

adopt a virtual structure.

2. Which of the following pricing approaches uses technology to adjust prices to demand on a real-time basis?

Penetration pricing

Price discrimination

Skim pricing

Dynamic pricing

3. Replacing key executives who aren't embracing cultural change

A. is rarely needed in implementing a new strategy unless the new strategy entails a radically different set of value-chain activities.

B. signals a determined commitment to strategic change and can help catalyze and give credibility to the implementation process.

C. can be dysfunctional in trying to implement a new strategy because of the insecurity that big changes cause among company personnel.

D. runs the risk of inadvertently creating barriers to building the needed competencies and capabilities.

Reference no: EM132196360

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