Which of the Following Statements About a Flexible-Price Policy Is

question 275

Multiple Choice

Which of the following statements about a flexible-price policy is true?

• A)Flexible pricing means offering the same price to all customers who purchase under essentially the same conditions and in the same quantities.
• B)The availability of computer pricing databases has had no effect on the popularity of flexible-price policies.
• C)Flexible pricing often involves price negotiations between the buyer and seller.
• D)Flexible pricing does not cause channel conflict.
• E)None of these answers is correct.

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Definitions:

Manager

An individual responsible for planning, directing, and overseeing the operations and fiscal health of a business unit, department, or organization.

Directs

To command, manage, or guide through instruction or command.

Responsible

Being responsible for performing certain actions or overseeing or looking after someone as a requirement of one's position or duty.

Blur

A lack of clarity or distinctness in an image, scenario, or situation, leading to confusion or ambiguity.