Which of the Following Is Not a Major Influence on Pricing

question 59

Multiple Choice

Which of the following is not a major influence on pricing decisions?

• A) Planning and control policies of the firm.
• B) Customer demand.
• C) Costs.
• D) Competitors.
• E) Political, legal, and image-related issues.

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Definitions:

Controllable Expenses

Costs that can be influenced by the decisions of a manager.

Profit Center Management

The administration of a segment of a business that is directly responsible for its own revenue and expenses, aiming to maximize profits.

Salaries

Fixed regular payments made by employers to employees, typically expressed on an annual basis but paid in smaller increments such as monthly.

Departmental Personnel

Staff or workers who belong to a specific department within an organization, each contributing to its functional objectives.