What Type of Pricing Objective Would an Organization Use If

question 101

Multiple Choice

What type of pricing objective would an organization use if it were in a favorable position and desired nothing more?

• A) Return on investment
• B) Cash flow
• C) Profit
• D) Status quo
• E) Survival

Interpret the meaning of confidence limits within the context of statistical inference.

Analyze the implications of a confidence interval in relation to the population mean.

Understand the principles and applications of equal employment opportunity laws.

Comprehend the components and requirements of the Fair Labor Standards Act (FLSA) including minimum wage, overtime pay, and child labor laws.

---

Definitions:

Integrity Management

A framework for ensuring that organizational practices adhere to a set of ethical standards and principles.

Global Reporting Initiative

An international independent organization that helps businesses, governments, and other organizations understand and communicate their impacts on issues such as climate change, human rights, and corruption.

Balanced Scorecard

A strategic planning and management system used by organizations to communicate what they are trying to accomplish, align day-to-day work with strategy, prioritize projects, and measure and monitor progress towards strategic targets.

OCEG Benchmarking

A process used by organizations to compare their GRC (governance, risk management, and compliance) processes and performance with others in the industry, facilitated by the OCEG (Open Compliance and Ethics Group).