If a Business Intends to Compete Primarily on Product Price

question 126

Multiple Choice

If a business intends to compete primarily on product price, it must ______.

• A) advertise
• B) raise prices
• C) lower prices
• D) lower costs

---

Definitions:

Job Sample Tests

Assessment tools used in the recruitment process, where candidates are asked to perform tasks or work activities that reflect the job's actual demands to evaluate their suitability.

Nondirective Interview

A type of interview in which the respondent is allowed to answer more freely, guiding the direction of the conversation with minimal prompts from the interviewer.

Biographical Information Blanks

Structured forms used to gather detailed personal information from individuals for various purposes.

Fake

Something that is not genuine or is made to appear real in order to deceive.