EDI document structures are defined by:
A) a single international standards body.
B) individual suppliers and buyers.
C) industry committees.
D) each purchaser.
C
Business
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A marketer's fixed costs are $400,000, the variable cost is $16 per unit, and the price of the product is $24 per unit. What is the company's break-even point in dollar sales?
What will be an ideal response?
Business
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