Which of the Following Is Most Likely to Be True

question 22

Multiple Choice

Which of the following is most likely to be 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.

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Definitions:

Non-controlling Interest

Non-controlling interest is an ownership interest in a business entity by shareholders that are not the parent company or controlling shareholders, reflecting their share of the equity in a subsidiary.

Subsidiary

A business that is under the control of another business, referred to as the parent company, by holding a majority of its voting shares.

Attributable Interest

A financial term referring to the ownership interest or stake that a person or entity has in an investment, often influencing the share of profits or losses they would receive.

Consolidation

The process of combining the financial statements of two or more entities to form a single set of statements.