Discussion Questions

"Predicting Price-Setting Strategies" Please respond to the following:

• * From the scenario for Katrina’s Candies, determine the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Provide a rationale for your response.

"Price-Setting Strategies" Please respond to the following:

• Examine the common price setting strategies of airlines that use game theory. Predict the potential effects of such pricing strategies on the demand for seats, and conclude the resulting impact on the profitability of the airlines.

"Fraud"  Please respond to the following:

• From the e-Activity, determine the main reasons why several members of top management in Phar-Mor perpetrated the financial statement fraud. Next, recommend one (1) strategy that the auditors might have taken to detect or prevent the fraud. Provide a rationale to support your recommendation.
• From the case study, analyze the financial data as presented. Next, choose at least one (1) pattern within the data that appears to be inconsistent, and propose one (1) strategy that one could use to audit this pattern. Provide a rationale to support your response.

E-activity and same case study as assignment 2 cardillo travel

Use the Internet or the Strayer Library to research articles on the Phar-Mor accounting scandal. Be prepared to discuss.