Which of the Following Is a Disadvantage of Flexible Pricing

question 137

Multiple Choice

Which of the following is a disadvantage of flexible pricing?

• A)It allows a salesperson to adjust the price in response to competition.
• B)It leaves opportunities for sales by not adjusting to customers.
• C)It allows a salesperson to adjust the price depending on his or her customer.
• D)It can cause discontent among customers who realize they have paid a higher price than others.
• E)It results in broadcasting a price that the competition can undercut.

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Definitions:

Institute of Medicine

An American organization, now known as the National Academy of Medicine, that provides evidence-based advice to policymakers, healthcare professionals, and the public.

Informatics

The study or practice of processing, managing, and retrieving information, particularly through the use of technology, in various fields including healthcare and computing.

Evidence-Based Practice

Use of current best evidence from nursing research, clinical expertise, practice trends, and patient preferences to guide nursing decisions about care provided to patients.

Healthcare Effectiveness

The degree to which healthcare services increase the likelihood of desired health outcomes and are consistent with current professional knowledge.