Which of the Following Statements Is Most Accurate

question 373

Multiple Choice

Which of the following statements is most accurate?

• A)Nonprofit organizations are exempt from having to cover the costs of producing and/or marketing their products.
• B)Socially responsible corporations should have the pricing constraint of covering all costs of producing and marketing their products,but they should not price their products to earn a profit.
• C)Regardless of a company's objectives,a firm must cover all the costs of producing and marketing a product or the firm will fail.
• D)Price elasticity of demand makes it virtually impossible for companies to cover all their marketing and production costs at all times.
• E)Marketing and production costs are the most difficult and expensive aspect of pricing because they draw so much capital away from other departments in the organization.

---

Definitions:

Fictional

Pertaining to works of the imagination or narratives that are not based on real events or characters but are created by the author's imagination.

Unpopular

Lacking general approval, acceptance, or favor within a community or group.

Insulted

The feeling or state of being offended or emotionally hurt by words or actions.

Spaceship

A spacecraft designed for space travel, exploring, or conducting scientific research beyond Earth's atmosphere.