All of These Are Legal or Ethical Considerations When Setting

question 68

Multiple Choice

All of these are legal or ethical considerations when setting a final price exceptwhich?

• A) geographical pricing
• B) predatory pricing
• C) price matching
• D) price fixing
• E) deceptive pricing

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Definitions:

Income

Refers to the money an individual or business receives in exchange for providing a good or service or through investing capital.

Capital Intensive

Describes industries or businesses that require a large amount of capital investment in relation to their labor cost to produce goods and services.

Four Seasons Hotel

A luxury hotel chain known for its high-quality service and accommodations, catering to guests with upscale amenities.

Ford Manufacturing

The production processes and strategies used by the Ford Motor Company, known for innovations like the assembly line which revolutionized mass production.