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Carls Jr.came out with a new hamburger and released it in two different cities with two different price points.Marketers at Carls Jr.then analyzed the different levels of purchase made at the two different price points,planning on using the information to help them set a nationwide price for the new offering.This is an example of .
Buying Division
A department within a company responsible for purchasing goods, materials, and services required for the business operations.
Negotiated Transfer Price
A transfer price agreed upon by the selling and buying divisions within the same company.
External Market Price
The price at which goods or services are bought and sold outside of a company, determined by the supply and demand in the wider market.
Savings
The portion of income not spent on current expenditures or taxes, often set aside for future use or investment.
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