Which of the Following Would Be a Good Option to Follow

question 11

Multiple Choice

Which of the following would be a good option to follow if lowering the export price were the firm's objective?

• A)rearrange the distribution channel.
• B)change the promotion.
• C)change the warranty provisions.
• D)give more of the product in the package as an incentive to purchase.
• E)study the demand curve.

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Definitions:

Irrevocable Right

An irrevocable right refers to a legal entitlement or permission that cannot be withdrawn, cancelled, or revoked by the grantor once granted.

License

A revocable right to temporarily use another’s property.

Property

Assets or possessions, either tangible or intangible, owned by individuals or entities.

Restrictive Covenant

A promise to use or not to use one’s land in particular ways.