The Integration of the Lowest Level of the WBS with the Organizational

question 44

Multiple Choice

The integration of the lowest level of the WBS with the organizational units responsible for performing the work is known as

• A)Responsibility matrix.
• B)Organization breakdown structure.
• C)Work breakdown structure.
• D)Priority matrix.
• E)Process breakdown structure.

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Definitions:

Cost-Plus Pricing

Summing the total unit cost of providing a product or service and adding a specific amount to the cost to arrive at a price.

Yield Management Pricing

A strategic pricing approach used in industries like airlines and hotels, where prices are adjusted in real-time based on demand, with the aim of maximizing revenue.

Penetration Pricing

A pricing strategy that involves setting a low price for a new product to attract customers and gain market share quickly.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific amount or percentage to the cost of producing the product.