The Robinson-Patman Act of 1936 Prohibits Companies from Engaging in Price

question 142

True/False

The Robinson-Patman Act of 1936 prohibits companies from engaging in price discrimination - that is, offering the same item to different customers at different prices.

---

Definitions:

Organization Levels

The distinct layers of authority within an organization that define hierarchy and the division of roles and responsibilities.

Centralization

The concentration of decision-making authority at the top levels of the organizational hierarchy.

Decentralization

The process of distributing and delegating power away from a central authority within an organization to individual units or departments.

Information Technology

The use of computers, networks, and software to store, process, and transmit information digitally.