Of the Following, Which Is a Poor Reason for a Company

question 98

Multiple Choice

Of the following, which is a poor reason for a company to set prices low?

• A)to prevent competition from entering the market
• B)to stabilize the market
• C)to create excitement for a product
• D)to prepare for an easy exit from a market
• E)to match a competitor

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Definitions:

Sales Transaction

The process of exchanging goods, services, or assets in return for money between a seller and buyer.

SFA

Acronym for Sales Force Automation, a system used to automate sales tasks, processes, and documentation, enhancing sales team efficiency.

CMA

Certified Management Accountant, a professional credential that signifies expertise in financial accounting and strategic management.

Sales Forecasting

The process of estimating future sales, based on past sales data, market trends, and other economic indicators.