Match Each Item with the Correct Statement Below

question 134

Multiple Choice

Match each item with the correct statement below.
-The practice of adding a percentage of specified dollar amount-or markup-to the base cost of a product to cover unassigned costs and to provide a profit is known as _____.

• A)breakeven analysis
• B)tariffs
• C)unfair-trade laws
• D)incremental-cost pricing
• E)profit maximization
• F)demand
• G)value pricing
• H)monopoly
• I)elasticity
• J)marginal
• K)fair-trade laws
• L)yield management
• M)oligopoly
• N)cost-plus pricing
• O)full-cost pricing
• P)supply
• Q)marginal analysis
• R)target-return objectives
• S)market-share objectives
• T)pure competition

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Definitions:

Pluralism

A condition or system in which multiple distinct groups, cultures, or entities coexist within a society or organization.

Prejudice And Discrimination

Negative attitudes and unfair behaviors directed toward individuals or groups based on preformed, unjustified opinions or stereotypes.

General Environment

Pertains to the wider external environment in which an organization operates, including economic, political, societal, technological, legal, and environmental factors.

Specific Environment

Refers to the external forces within an industry or sector that directly impact an organization's operations and performance, which include customers, competitors, suppliers, and regulatory agencies.