When Using _______________ a Bottom Line Profit Is Established First

question 25

Multiple Choice

When using _______________ a bottom line profit is established first and then pricing is set to achieve the target.

• A)Penetration pricing
• B)Price skimming
• C)Target ROI
• D)Competitor-based pricing
• E)Value pricing

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Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Practical Intelligence

Intelligence that involves the ability to solve everyday problems by utilizing knowledge gained from experience in order to adapt to, shape, or select environments.

Sternberg's Triarchic Theory

A theory of intelligence that considers analytic, creative, and practical aspects.

Intrapersonal

Pertaining to the internal, psychological processes within an individual.