In 2013, Xunrui Communications was an upstart maker of inexp…

In 2013, Xunrui Communications was an upstart maker of inexpensive smartphones for the Chinese market. Xunrui purchases the components and assembles the phones in Shenzhen, located in southern China. These smartphones retail for about $65, significantly less than the $250 to $800 for smartphones marketed by Apple or Samsung, the top providers. Xunrui Communications is most likely using which pricing strategy in this example?

Danielle was laid off from her job six months ago and has be…

Danielle was laid off from her job six months ago and has been unsuccessful at finding a new one. The income from her long hours of temp work barely covers her bills. She has begun to have frequent cold and flu symptoms and has become depressed. Danielle is most likely in the stage of Hans Selye’s general adaptation syndrome known as