Public sector organizations are not considered to be not-for-profit organizations

Indicate whether the statement is true or false

FALSE

Business

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Elmo Inc, a global conglomerate, designed the ElBrush, an electric toothbrush. Sensing market demand for the electric toothbrush, Elmo started with an ideal selling price of $3 based on customer value considerations and then targeted costs to ensure that the price was met. This exemplifies ________.

A) competition-based pricing B) cost-plus pricing C) target costing D) everyday low pricing E) high-low pricing

Business

The origins of the common law governing individual employment contracts in Canada were based on the laws of which country?

A) Italy B) Spain C) Sweden D) England

Business