Which of the Following Is an Example of an Environmental

question 72

Multiple Choice

Which of the following is an example of an environmental influence on pricing decisions?

• A) The cost structure used by competitors
• B) The stage of the life cycle a product is in
• C) Rate-of-return pricing used by manufacturers
• D) The economic strength of potential buyers

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Definitions:

Walmart

An American multinational retail corporation operating a chain of hypermarkets, discount department stores, and grocery stores.

Amazon

A multinational technology company primarily known for its e-commerce platform, along with its ventures in cloud computing, digital streaming, and artificial intelligence.

Subway Restaurants

A multinational fast-food chain known for its submarine sandwiches and salads, operating a large number of outlets globally.

Sandwiches

A food item typically consisting of vegetables, cheese, meat, or other fillings placed between slices of bread.