Why Should Pricing Objectives Be Explicitly Stated

question 23

Multiple Choice

Why should pricing objectives be explicitly stated?

• A) They have a direct effect on pricing policies and the methods used to set the price.
• B) It provides direction for company-level objectives.
• C) Explicitly stating objectives provides legal protection for the firm.
• D) Most state laws require explicitly stating legal objectives.
• E) Firms should always choose profit-oriented pricing objectives.

---

Definitions:

Hydrogen Peroxide

A chemical substance known as H2O2 that serves as an oxidizing agent, a bleaching substance, and a disinfectant.

Pressure Injury

Damage to the skin and underlying tissue caused by prolonged pressure, often occurring in bedridden or immobile patients.

Registered Dietitian

A healthcare professional specialized in nutrition and dietetics, certified to provide dietary and nutritional advice.

Enterostomal Nurse

An enterostomal nurse is a specialized nurse who provides care for patients with stomas, incontinence, and wound care, often providing education and support for patients undergoing these treatments.