Mark,the Sales Manager at Lance Motors,has Called for a Meeting

question 71

Multiple Choice

Mark,the sales manager at Lance Motors,has called for a meeting with all his sales representatives.He wants to give them feedback and set new guidelines regarding their annual targets.In the transmission phase of communication,Mark plays the role of a:

• A) recipient.
• B) sender.
• C) messenger.
• D) receiver.
• E) decoder.

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Definitions:

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on factors like demand, income level, or purchase volume.

Marginal Revenue

The additional income generated from the sale of one more unit of a product or service.

Marginal Cost

A rephrased definition: The expense incurred in the manufacture or production of an additional quantity of a product or service.

Price Discrimination

A pricing strategy where a company charges different prices to different groups of customers for the same product or service, based on factors other than production costs.