When Price Helps Josh Decide to Purchase a Chevrolet Cavalier

question 129

Multiple Choice

When price helps Josh decide to purchase a Chevrolet Cavalier instead of a Mercedes because he also wants a Harley-Davidson motorcycle, price serves the function of

• A)demander.
• B)decision maker.
• C)facilitator.
• D)intermediation.
• E)allocator.

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Definitions:

Strategic Decisions

High-level choices made by top management that determine the overall direction and long-term objectives of an organization.

Organizational Performance

The measure of how efficiently and effectively a company achieves its objectives.

Mature Organization

An organization that has developed advanced systems and processes, demonstrating stability, resilience, and a high level of operational effectiveness.

Organizational Culture

The set of shared beliefs, values, norms, and practices that characterizes an institution or organization, influencing how people behave and interact within it.