A Flexible-Price Policy Gives Marketers __________ in Setting the Final

question 340

Multiple Choice

A flexible-price policy gives marketers __________ in setting the final price in light of demand,cost,and competitive factors.

• A)no leeway
• B)total freedom
• C)little discretion
• D)considerable discretion
• E)limited competitive authority

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Definitions:

Supply Chain Difference

The distinct characteristics, processes, or aspects that set one supply chain apart from another in terms of efficiency, effectiveness, and management.

Gateway

A point within a network that acts as an access interface to another network, often referring to trade or data communication points.

Apple

A technology company recognized for its consumer electronic products, software, and online services, known for innovation and market impact.

Supply Chain

An amalgam of firms, people, undertakings, informatics, and provisions set up for the purpose of transferring a product or service from its inception to its consumer.