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xoxololo xoxololo
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Posts: 566
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6 years ago
Describe the three major pricing methods that firms employ.



Question 2 - Goals are established for only one year at a time.
 
 Indicate whether the statement is true or false



Question 3 - Horizontal specialization establishes the chain of command, or who reports to whom, in an organization.
 
 Indicate whether the statement is true or false



Question 4 - The work performed to produce goods and services is referred to as
 A) land.
  B) financial resources.
  C) material resources.
  D) capital goods.
  E) labor.



Question 5 - What is a status-quo pricing objective?



Question 6 - Goals are set only for top-level management.
 
 Indicate whether the statement is true or false



Question 7 - Which of these theories assumes leaders can change and adapt their leadership style?
 A) behavioral theory
  B) historical theories
  C) path-goal theory
  D) systems theory
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6 years ago
[ 1 ]  Cost-based pricing is the simplest method of pricing. The seller determines the total cost of producing, or purchasing, one unit and then adds an amount to cover additional costs and profit. Demand-based pricing is based on the level of demand of the product and results in a high price when product demand is strong and a low price when demand is weak. Competition-based pricing is when a company considers costs and revenue secondary to competitors' prices.

[ 2 ]  False

[ 3 ]  False

[ 4 ]  E

[ 5 ]  A status-quo pricing objective is offered with the intent to avoid making waves, or to maintain the status quo. This is especially true in industries that depend on price stability.

[ 6 ]  False

[ 7 ]  C
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