The Return on Assets Pricing Method

question 116

Multiple Choice

The return on assets pricing method

• A)has very little appeal and support.
• B)has a primary objective of earning a minimum rate of return on assets.
• C)is a crude approach to pricing and should be used as a last resort.
• D)replaces the desired rate of return used in cost-based pricing methods with a desired profit objective.

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Definitions:

Higher Wages

Increased compensation for employment, often reflecting a higher skill level requirement, more responsibilities, or adjustment to living costs.

Union Representative

An individual elected or appointed to represent and protect the interests of union members in discussions with employers.

Right to Strike

The legal right of workers to refuse to work as a form of protest against conditions or policies considered unfair by the workforce.

Interest Dispute

A conflict regarding the benefits or advantages that one or more parties expect to gain and disagree on during negotiations or agreements.