Which of the following pricing objectives does an organization adopt when it sets the price of its
products with the view to maintain positive cash flow during traumatic business situations?
A) market share maximization pricing objective
B) profit maximization pricing objective
C) survival pricing objective
D) market skimming pricing objective
C
Business
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The premium cost for group insurance is generally based on
A) administrative costs B) turnover rate of employees C) experience rating D) community rating
Business
The city of St. Louis buys a golf turf mower for maintaining the city's golf course in Forest Park. The city of St. Louis is in the ________ class of business customers
A) reseller B) producer C) consumer D) facilitator E) government
Business