What Is Most Likely to Be True of a Company

question 4

Multiple Choice

What is most likely to be true of a company that views prices as an active instrument of accomplishing marketing objectives?

• A) The company sets prices to achieve specific objectives.
• B) The company follows market prices to achieve specific objectives.
• C) The company exports only excess inventory.
• D) The company views its export sales as an insignificant source of revenue.
• E) The company places a low priority on foreign business.

---

Definitions:

Compensation

The total amount of the monetary and non-monetary pay provided to an employee for work performed, including wages, benefits, bonuses, and incentives.

Job Design

The process of assigning tasks to a job, including the interdependence of those tasks with other jobs.

Business Strategy Execution

The implementation of plans and initiatives undertaken by a business to achieve its long-term goals and maintain competitive advantage.

Organizational Structure

The system of hierarchy and arrangement of work roles, responsibilities, and communications within an organization.