Which of the Following Statements About Pricing Policies Is True

question 35

Multiple Choice

Which of the following statements about pricing policies is true?

• A)Very few companies maintain a pricing strategy that focuses on meeting competition.
• B)Pricing strategies often reflect the opinion of the research department on correct pricing.
• C)The ability to offer the lowest price is usually the most critical factor in the sale of products and services.
• D)Price discounting is a competitive tool available to large numbers of salespeople.
• E)Transactional sales usually rely primarily on personality match between buyer and seller.

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Definitions:

Size

In programming or data structures, it refers to the number of elements an object contains or can hold.

SalesData

A collection of information related to the sales transactions of a product or service.

Array Index

The numerical position within an array, starting from 0, used to access or modify the value stored at that location.

Array Subscripting

The process of accessing elements of an array by specifying the index (or subscript) of the desired element.