Many Grant Programs Encourage

question 8

Multiple Choice

Many grant programs encourage:

• A) organizational autonomy.
• B) outsourcing administrative costs.
• C) the hiring of workers from unemployment lists.
• D) collaboration between nonprofit organizations.

---

Definitions:

Prestige Pricing

A pricing strategy where items are priced higher than their actual value to invoke a sense of exclusivity or luxury.

Demand-oriented

A pricing strategy focused on consumer demand factors; prices are set at levels that are believed to stimulate demand.

Pricing Approach

A pricing approach refers to the strategy a business employs to set the prices for its products or services, considering factors like cost, demand, and competition.

Skimming Pricing

A pricing strategy involving setting high initial prices for a new product to maximize revenue layer by layer from segments willing to pay the high price.