At the Hagarty & Adolph Funeral Home,there Are Coffins Priced

question 24

Multiple Choice

At the Hagarty & Adolph funeral home,there are coffins priced at $1,200,$2,000,$3,500,and $5,000,the owners of the funeral home,have chosen price lining because it will:

• A) enable him to carry a larger total inventory
• B) maintain all of the product line at the same stage in the product life cycle
• C) confuse customers and allow salespeople to sell more of the expensive models
• D) reach several different target market segments
• E) thwart competitors that are trying to sell similar products

Understand the role of procedural and distributive justice in organizational justice.

Understand the basic principles and levels of Maslow's hierarchy of needs.

Identify different types of needs such as physiological, security, affiliation, esteem, and self-actualization.

Recognize the application of Maslow's hierarchy of needs in organizational settings and employee motivation.

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Definitions:

Dividends

Funds disbursed by a company to its shareholders, frequently as an allocation of earnings.

Retained Earnings

The portion of a company's profit that is held back and not distributed to shareholders as dividends, often reinvested in the business.

Cash Available

The amount of liquid assets that are readily available for use by a company or individual.

Retained Earnings

Retained Earnings refer to the portion of net income that a company keeps after paying out dividends to its shareholders, which is then reinvested in the business or used to pay off debt.