An Explanation of Price and Value Is

question 13

Multiple Choice

An explanation of price and value is:

• A)price is the numeric amount,value is perceived by the customer.
• B)value determines price.
• C)value is a tangible notion.
• D)price determines value.
• E)they are the same thing

Identify personality characteristics suited to specific job environments.

Define and understand the concept of neuroticism and its effects on behavior.

Differentiate between various components of self-concept and their implication in organizational behavior.

Understand the fundamental ethical principles in decision-making.

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Definitions:

Special Order

An order for a product or service that is outside the company's regular operations or product line, often requiring special pricing and production considerations.

Sales Commissions

Compensation paid to sales employees based on the quantity or value of sales they have achieved.

Special One-time Order

An order that is not usual and is not expected to recur in the foreseeable future, often at a negotiated price different from regular orders.

Variable Selling

Costs related to selling that vary with the level of sales activity, such as commissions or shipping charges.