If a Company Decides to Price Its Products at a Point

question 78

Multiple Choice

If a company decides to price its products at a point at which the profits are the greatest until the changes in the market conditions or supply costs dictate a price change, then the company follows a

• A)share oriented strategy.
• B)profit oriented strategy.
• C)product oriented strategy.
• D)market oriented strategy.
• E)none of the above.

---

Definitions:

Field Properties

Characteristics or settings of a database field, such as data type, size, default value, and validation rules.

Characteristics

The distinctive traits or features that identify and differentiate an entity or concept from others.

Field Name

The identifier assigned to a specific field in a database or a form, used to reference the data contained within that field.

Data Type

A classification specifying the type of data a variable, attribute, or object can hold in programming or data management.