Definition of Pre-emptive action - Finance dictionary
Pre-emptive action(See Chapter 9 of the Vernimmen)
Pre-emptive action takes place when a company immediately reflects expectations of an increase in the Cost of a ProductionFactor by charging higher selling prices. Pre-emptive action is particularly rapid where no alternative products exist in the short to medium term and competition in the sector is not very intense.
Pre-emptive action(See Chapter 9 of the Vernimmen)
Pre-emptive action takes place when a company immediately reflects expectations of an increase in the Cost of a ProductionFactor by charging higher selling prices. Pre-emptive action is particularly rapid where no alternative products exist in the short to medium term and competition in the sector is not very intense.
Pre-emptive action(See Chapter 9 of the Vernimmen)
Pre-emptive action takes place when a company immediately reflects expectations of an increase in the Cost of a ProductionFactor by charging higher selling prices. Pre-emptive action is particularly rapid where no alternative products exist in the short to medium term and competition in the sector is not very intense.