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Everyday low pricing means _______ pricing. D. value-based A country\'s governme

ID: 470789 • Letter: E

Question

Everyday low pricing means _______ pricing.

D. value-based

A country's government is dealing with major, complex, and crosscutting issues such as climate change and pollution control that involves several agencies to work together and resolve the issues. Which of the following items is more useful than the other three items to resolve such issues?

Everyday low pricing means _______ pricing.

     A. skimming B. auction-type C. going-rate

D. value-based

A country's government is dealing with major, complex, and crosscutting issues such as climate change and pollution control that involves several agencies to work together and resolve the issues. Which of the following items is more useful than the other three items to resolve such issues?

     A. Teams B. Focus groups C. Committees D. Task forces

Explanation / Answer

1.

Answer : Skimming : the price of the product is fixed relatively high in the begining and then reduced less everyday.

Going Rate : Pricing is based on the competitors pricing. It happens in the oligopolistic industry where the competition is too high. The pricing keeps changing based on the competitors pricing.

Auction type : the pricing is based on the bidding. it cannot be lowest everyday. It is based on the bidders price.

Value Based : here the pricing is based on the providing low priced products with high quality . Re-engineered produts are mostly value based.

2.

Answer : Committee : This is a group of people appointed on behalf of larger groups. Generally committee abids the laws and rules on behalf of the government.

Whereas the team is a group of people with common goals and the task force are group of people with expertise assigned for a specific objective.

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