Which of the Following Statements Regarding Cost-Oriented Approaches Is Most

question 224

Multiple Choice

Which of the following statements regarding cost-oriented approaches is most accurate?

• A) These methods focus on the demand side of the pricing problem.
• B) These methods account for production, marketing, and overhead expenses.
• C) Target return on investment is an example of a cost-oriented method.
• D) These methods are simple to use because costs predictably decrease with each doubling of production.
• E) Cost-oriented approaches are a subcategory of competition-oriented methods.

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Definitions:

Unfreezing

This is the first stage in the change process, making individuals or organizations aware of the need for change to overcome resistance.

Planned Change Process

A deliberate effort to improve an organization's effectiveness or to manage the impact of external changes through structured methods and strategies.

Incentives

Benefits, rewards, or compensation offered to motivate individuals towards achieving specific goals or desired behaviors.

Resistors

Electronic components that oppose the flow of electrical current, used to control the level of current in a circuit.