Richard Delivered a Presentation to a Group of 200 People

question 8

Multiple Choice

Richard delivered a presentation to a group of 200 people.Because the audience was so diverse,he decided to focus his message to a specific segment of his audience.This segment of the audience is known as the .

• A)target audience
• B)segment audience
• C)customer section
• D)audience competency

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Definitions:

Target Costing

A pricing method that involves determining a product's selling price and then subtracting desired profit to arrive at a target production cost.

Target Costing

A pricing strategy where the selling price of a product is determined first, and then the manufacturing cost is managed to meet that target price.

Price Control

Government or company policies aimed at regulating or setting prices for goods and services in a market.

Economic Value

The quantification of the advantage that a product or service delivers to an economic participant.