A Pricing Policy in Which One Selling Price Is Established

question 31

Multiple Choice

A pricing policy in which one selling price is established for all international markets is called ________.

• A) dual pricing
• B) value-based pricing
• C) worldwide pricing
• D) target pricing

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Definitions:

Cardinality

In database design, refers to the uniqueness and relationships in data modeling, indicating the number of associations between entities.

Entity

In the context of databases and data modeling, an entity is a thing or object of interest for which data is stored, such as a person, place, item, or event.

Mesh Network

A network topology in which devices are interconnected in a non-hierarchical manner, allowing for direct, dynamic communication between nodes.

Personal Area

Refers to a space, often in the context of Personal Area Networks (PANs), that surrounds a person with the capability to connect and communicate wirelessly with various devices.