Which of the Following Is Not an Item Which Is

question 53

Multiple Choice

Which of the following is not an item which is an appropriate candidate for a cost-based pricing approach?

• A) An item in which the seller contributes high added value through direct or indirect labor and specialized expertise.
• B) A complex item customized to specific requirements.
• C) A product requiring a conversion from raw material through value-added designs.
• D) A product requiring supplier-provided design and engineering support.
• E) Commodity-like items.

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Definitions:

Ironworks Industry

The sector involved in the smelting of iron ore, casting, and the forging of iron and steel to produce various goods and structures.

Domination

A state of having power or control over something or someone, often in a manner that suppresses, marginalizes, or oppresses.

Political Divisions

The differences in opinions, ideologies, or policies that create distinct groups within a political system or between nations.

Dutch Merchants

Historical traders from the Netherlands known for their global trade networks in the 16th to 18th centuries.