The Company That Follows the Approach of Viewing Prices as an Active

question 11

Multiple Choice

The company that follows the approach of viewing prices as an active instrument:

• A) views its export sales as passive contributions to sales volume.
• B) sets prices to achieve targeted returns on profit.
• C) places a low priority on foreign business.
• D) follows market prices.
• E) probably exports only excess inventory.

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Definitions:

Extraversion

a personality trait that involves being outgoing, energetic, and sociable, and deriving energy from interactions with others.

Conscientiousness

A dimension of personality that involves being disciplined, organized, and responsible for one's actions.

Cluster A

A classification within the Diagnostic and Statistical Manual of Mental Disorders (DSM), referring to personality disorders characterized by odd, eccentric thinking or behavior; includes paranoid, schizoid, and schizotypal personality disorders.

Paranoid

A mental condition characterized by delusions of persecution, unwarranted jealousy, or exaggerated self-importance, typically elaborated into an organized system.