Jerszy's Smoothie Bar has decided to set its pricing structure ...

[jrubin]

Jerszy's Smoothie Bar has decided to set its pricing structure based on an annual percentage of the amount earned as a result of financial investment as a quantifiable means to gauge the success of their pricing. This pricing structure is known as
 A) target return on investment pricing.
  B) market-share pricing.
  C) status-quo pricing.
  D) survival pricing.

Question 2

Compare and contrast the ideas of labor-intensive and capital-intensive technology.

[EAN94]

Answer to Question 1

A

Answer to Question 2

Labor-intensive technology is a process in which people must do most of the work and capital-intensive technology is a process in which machines and equipment do most of the work. The contrast is between human resources or equipment and technology. Student answers may also include information about the cost of labor and capital intensive technology. Typically, capital-intensive technology has high initial costs and lower operating costs. On the other hand, labor-intensive technology has low initial costs and higher operating costs.

[jrubin]

Thank you

[EAN94]

No problemo