Which of the Following Is True of a Company That

question 95

Multiple Choice

Which of the following is true of a company that views prices as an active instrument of accomplishing marketing objectives?

• A) The company sets prices to achieve specific objectives.
• B) The company follows market prices to achieve specific objectives.
• C) The company exports only excess inventory.
• D) The company views its export sales as an insignificant source of revenue.
• E) The company places a low priority on foreign business.

---

Definitions:

Sales Receipts

Documents that provide proof of a transaction between a buyer and a seller.

Geometric Mean

The geometric mean is a measure of central tendency that is calculated by taking the nth root of the product of n numbers, often used for rates and ratios.

Growth Rate

The rate at which a company's sales, revenue, or other important metrics increase over time.

Uninsured Senior Citizens

Elderly individuals who do not have health insurance coverage, making them potentially vulnerable to high medical costs.