Match Each Item with the Correct Statement Below

question 83

Multiple Choice

Match each item with the correct statement below.
-The cost assessed when a product is moved from one profit center within a firm to another is called _____.

• A)competitive bidding
• B)penetration pricing strategy
• C)list price
• D)trade discount
• E)price flexibility
• F)promotional pricing
• G)loss leader
• H)cannibalization
• I)bundle pricing
• J)odd pricing
• K)transfer price
• L)profit center
• M)skimming pricing strategy
• N)competitive pricing strategy
• O)pricing policy
• P)market price
• Q)noncumulative quantity discount
• R)step out
• S)bot
• T)cash discount

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Definitions:

Generation Y

A demographic cohort following Generation X, typically defined as those born from the early 1980s to the mid-1990s, also known as Millennials.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Self-Reliant

Capable of relying on oneself or one's own capabilities, resources, or judgments.

Social Change

The transformation over time of cultural values, norms, laws, the social structure, and the nature of social institutions.