For Convenience,pricing Objectives Can Be Divided into Three Categories

question 37

Multiple Choice

For convenience,pricing objectives can be divided into three categories.They are:

• A) refundable,competitive,and attainable
• B) perceived,actual,and unique-situational
• C) differentiated,niche,and undifferentiated
• D) profit oriented,sales oriented,and status quo
• E) monopolistic,fixed,and variable

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Definitions:

Cumulative Quantity Discount

A discount policy where the price reduction is based on the total volume of purchases made over time, encouraging repeated business by rewarding larger orders.

Stated Period

A specific, predefined duration of time mentioned in a document or agreement.

Certain Amount

A specific quantity or measure of something, often used in financial contexts or to specify quantities.

3/15 Net 60

A term of payment indicating that a buyer can deduct a certain percentage if payment is made within 15 days, otherwise the full amount is due in 60 days.