Break-even analysis is an accurate tool for pricing because it points directly to the correct price for a given product.

Answer the following statement true (T) or false (F)


False

Rationale: Break-even analysis may not be as accurate as it seems, so this should be viewed only as a tool for pricing and should not be used by itself to determine the final price. Market characteristics and the firm's current market strategy should be considered.

Business

You might also like to view...

In 2005, seven of the country's largest unions left the AFL-CIO to form a new federation of unions called:

A. The International Labor Organization. B. Change to Win. C. The Coalition for Employee Free Choice. D. The American Federation of Labor.

Business

If goods are held by the seller to be picked up by the buyer, the risk of loss passes to the buyer

upon "tender of delivery," if the seller is a merchant. Indicate whether the statement is true or false

Business

The practice of contracting with an organization to perform some or all business functions in a country other than the country in which the product will be sold is known as

A. licensing. B. contract manufacturing. C. outsourcing. D. offshore outsourcing. E. offshoring.

Business

The term ________ is an online community that uses the power of social networks for the introduction, buying, and selling of products and services, including people's own creations

Fill in the blank(s) with correct word

Business