Which of the Following Is Most Likely to Be a Valid

question 46

Multiple Choice

Which of the following is most likely to be a valid reason for initiating a price increase?

• A) anticipated cost inflation
• B) excess plant capacity
• C) a drive to dominate the market
• D) a low-cost strategy
• E) a market share objective

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Definitions:

Intellectual Property

Intellectual property rights arising from creative endeavors in the industrial, scientific, literary, and artistic domains.

Information Technology

The study or use of systems (especially computers and telecommunications) for storing, retrieving, and sending information.

Copyright Board

An agency responsible for overseeing copyright licenses, tariffs, and related issues in a specific geographic area.

Trademark Confuses

Situations where a trademark is so similar to another that it could mislead the public or cause confusion between the products or services offered.