Dumping Is Closely Related to Predatory Pricing and Occurs When

question 9

Multiple Choice

Dumping is closely related to predatory pricing and occurs when

• A)companies get rid of obsolete inventory at prices below cost.
• B)a business drops a large order at a customer location at a lower price if the customer accepts the order.
• C)a Canadian company sells its products in another province below the variable cost.
• D)a foreign company sells goods in Canada at a price below the market value in the home country.
• E)a Canadian or foreign company sells its products below the variable cost.

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Definitions:

Motion Studies

The systematic examination of the human motions used in a task with the goal of improving efficiency and productivity by eliminating unnecessary movements.

Job Simplification

The process of breaking down jobs into their simplest components and removing any complexities to increase the efficiency of job performance.

Incentive Wage Plans

A compensation strategy that rewards employees based on their performance or productivity.

Work Standards

The established criteria or benchmarks used to measure the quality and efficiency of work performed.