Description
which of the following pricing concepts allows a business to set the lowest possible price for a good or service while still making a profit?
a. cost-oriented pricing
b. demand-oriented pricing
c. competition-oriented pricing
d. profit-oriented pricing
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Explanation & Answer
c. competition-oriented pricing
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Instructions
Tips for Formatting and Structuring Analysis:
Write in complete sentences in paragraph format.
Use in-text citations citing to relevant assignment materials.
Double-space; 12-point Arial or Times Roman font.
Introductory Sentence: Begin with an introductory sentence or very brief paragraph that states your conclusion to the questions asked.
Concluding Sentence: End the discussion with a concluding sentence or a very brief paragraph that summarizes your conclusion/what you discussed.
Support Arguments and Positions: Please refer to the module in Content, "How to Support Arguments and Positions".
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Most Popular Content
UI Management Discussion
Each Disscussion Post has the attatched PDF or Linked address reading on the number:DON'T be Alarmed from length. Just nee ...
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Background Facts You Need To Know: TLG has scheduled another meeting with the Clean-N-Shine ("Clean") owners to furt ...
BMGT 380 UMGC Week 3 EPI and Clean Product Liability Memorandum
Background Facts You Need To Know: TLG has scheduled another meeting with the Clean-N-Shine ("Clean") owners to further discuss the risks and liabilities of tort law. This meeting will focus specifically and only on product liability.
Winnie and Ralph asked you to participate in the Clean meeting and to be prepared to discuss specific product liability risks related to Clean's use and resale of EPI cleaning products. EPI is a manufacturer of environmentally-friendly products.
Instructions
Tips for Formatting and Structuring Analysis:
Write in complete sentences in paragraph format.
Use in-text citations citing to relevant assignment materials.
Double-space; 12-point Arial or Times Roman font.
Introductory Sentence: Begin with an introductory sentence or very brief paragraph that states your conclusion to the questions asked.
Concluding Sentence: End the discussion with a concluding sentence or a very brief paragraph that summarizes your conclusion/what you discussed.
Support Arguments and Positions: Please refer to the module in Content, "How to Support Arguments and Positions".
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A. Identify and explain the possible liabilities claims (EXCEPT omit warranty liabilities) Clean could face under product liability law for reselling EPI cleaning products directly to customers from its public place of business.
B. Recommend specific actions that Clean could take to reduce its liabilities under product liability law for reselling EPI cleaning products
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Summarize the project.
Discuss how the risk management process will be applied.
Identify potential risks associated with this project (you must come up with at least 5 different risks).
Use a risk assessment form to analyze identified risks.
Develop a risk response matrix to outline how you would deal with each of the risks.
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