A 527 Organization

question 29

Multiple Choice

A 527 organization:

• A) is an organization that seeks to gain government contracts
• B) typically will coordinate electoral strategy with candidates and party leaders to develop a consistent and unified campaign message
• C) became illegal following the Supreme Court's famous Buckley v. Valeo decision
• D) contributes a significant amount of money to campaigns but must limit contributions and spending to comply with federal campaign finance laws
• E) seeks to influence elections through voter mobilization efforts and issue ads that do not directly endorse or oppose a candidate

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Definitions:

Target Pricing

A pricing strategy where the selling price is determined based on the estimated price a consumer is willing to pay, rather than on the cost of production or the market average.

Prestige Pricing

A pricing strategy where goods are priced higher than normal to invoke perceptions of quality and exclusivity, aimed at attracting status-conscious consumers.

Cost-Plus Pricing

Summing the total unit cost of providing a product or service and adding a specific amount to the cost to arrive at a price.

Yield Management Pricing

A strategic pricing approach used in industries like airlines and hotels, where prices are adjusted in real-time based on demand, with the aim of maximizing revenue.