Three Major Influences on Pricing Decisions Are ________

question 185

Multiple Choice

Three major influences on pricing decisions are ________.

• A) competition, costs, and customers
• B) competition, demand, and production efficiency
• C) continuous improvement, customer satisfaction, and supply
• D) variable costs, fixed costs, and mixed costs

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Definitions:

Confidentiality

The obligation to protect sensitive information from unauthorized access or disclosure.

Realistic Job Preview

A technique used by organizations to give potential employees a truthful view of what working in a particular role or company would be like.

Referral

A recommendation from one individual to another about a job, service, or product. In a workplace context, it often relates to suggesting someone for a job position.

Return On Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit gained from an investment by its cost.