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When setting prices, the company must consider its external pricing environment. Describe three components of the pricing environment and how they affect businesses.
Cabinet Secretaries
Senior officials who head the executive departments of the U.S. government, serving as key advisors to the President.
Appoint
To assign a job or role to someone officially.
President
The head of state and government in a republic, often elected to lead the executive branch and represent the country domestically and internationally.
Emergency Powers
Special powers granted to governments to act outside of their usual legal frameworks in response to an emergency or crisis.
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