The Cost of Training Quality Control Supervisors Who Are Responsible

question 93

Multiple Choice

The cost of training quality control supervisors who are responsible for overseeing the inspection of units would be classified as a(n) ________ cost.

• A)appraisal
• B)prevention
• C)internal failure
• D)external failure

Identify the social and political consequences of technological dependencies.

Comprehend the concept of technological determinism and its critiques.

Understand the environmental impacts of industrial and technological activities.

Identify the role of significant scientific discoveries and inventions in shaping modern society.

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Definitions:

Skimming Pricing Policy

A pricing strategy in which a company sets relatively high prices at the launch of a new product to maximize profit margins from customers willing to pay the premium price.

Price-sensitive

Refers to how demand for a product is influenced by changes in its price; price-sensitive consumers are likely to change their purchasing behaviors significantly in response to price changes.

High Initial Price

A pricing strategy where a product is introduced to the market at a high price point to maximize revenue from less price-sensitive customers before possibly lowering the price.

Skimming Pricing

A pricing strategy involving setting high prices initially to target consumers who are willing to pay more for new or unique products.