Four Types of Price Discounts Are

question 51

Multiple Choice

Four types of price discounts are:

• A)quantity, trade-in, promotional, and cash.
• B)seasonal, functional, cash, and quantity.
• C)quantity, seasonal, promotional, and cash.
• D)cash, trade-in, seasonal, and promotional.

Understand how ABC affects decision making regarding product design and profitability.

Learn to apply ABC in different organizational contexts and for various overhead costs.

Understand the principles of activity-based costing (ABC) and how it allocates manufacturing overhead to products.

Calculate the percentage of total overhead costs assigned to specific products using ABC data.

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Definitions:

Kurt Lewin

A psychologist often considered the founder of social psychology, known for his field theory and change management theories.

Douglas McGregor

An American social psychologist best known for proposing the Theory X and Theory Y concepts in the management field, relating to different views on worker motivation and behavior.

Chester Barnard

An American business executive and author, known for his theories on management and organizational theory, emphasizing the importance of cooperative effort.

Martin Seligman

An American psychologist known for his work on positive psychology, well-being, and interventions to enhance happiness.