Many Grassroots Organizations Have Emerged in Response to Industrial Food

question 70

Multiple Choice

Many grassroots organizations have emerged in response to industrial food. The movement "Label It" encourages consumers to go into stores and put labels on products likely to contain genetically engineered ingredients. Those who belong to "Label It" are part of

• A)utilitarian organization.
• B)bureaucracy.
• C)voluntary organization.
• D)coercive organization.

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Definitions:

All-You-Can-Afford

A pricing strategy that bases the price on the customer's ability to pay, rather than fixed pricing.

Promotion-to-Sales Ratio

A metric that compares the cost of marketing and promotion activities to the revenue generated from sales.

Break-Even Points

The point at which total costs and total revenues are equal, meaning the business is neither making a profit nor a loss.

Return on Investments

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit (return) of an investment by the cost of the investment.