When Making Decisions About Pricing Strategy,the Entrepreneur Should Consider Only

question 21

True/False

When making decisions about pricing strategy,the entrepreneur should consider only costs directly associated with the product and ignore overhead. 

---

Definitions:

Attitude Change

Attitude change involves a shift in a person's feelings, beliefs, or positions regarding an idea, object, or person, often as a result of persuasion, new information, or personal reflection.

Persuasion

The act of influencing someone’s beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or plea.

Behavior

The actions or reactions of a person or animal in response to external or internal stimuli.

Globalization

The process involving the integration and interdependence of national economies, cultures, and populations brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.