Which of the Following Is an Example of an Environmental

question 1

Multiple Choice

Which of the following is an example of an environmental influence on pricing decisions?

• A) The cost structures used by competitors.
• B) The stage of the life cycle that a product is in.
• C) Rate-of-return or target pricing being used by manufacturers.
• D) The economic strength of potential buyers.

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Definitions:

Domestication

The process by which humans cultivate plants and breed animals for qualities that are advantageous or desirable, leading to genetic changes in the species.

Americas

A collective term for the continents of North and South America, including the associated islands and regions therein.

Domestication

The process of adapting wild plants and animals for human use, such as for food, work, clothing, or companionship.