A. employees’ salaries
B. labor wages
C. fixed costs
D. variable costs
Related Mcqs:
- The sum of variable costs and fixed costs is classified as _______?
A. fixed costs
B. total costs
C. augmented costs
D. variable costs - The sum of variable costs and fixed costs is called?
A. total costs
B. overhead costs
C. markup costs
D. both a and b - Rising promotion costs and shrinking profit margins are the result of ___________.
A. Changing technology
B. Globalization
C. Deregulation
D. Heightened competition - The selling practice of companies in which company charges two or more prices without any difference in costs is classified as __________?
A. price functionality
B. price rebates
C. price discrimination
D. price leadership - The costs of products that do not fluctuate with the level of production are classified as _________?
A. quality costs
B. augmented costs
C. variable costs
D. fixed costs - The promotional pricing technique adopted by retailers and lowering selling prices of well-known brands is classified as ___________?
A. loss leader pricing
B. cash rebates
C. special customer pricing
D. special event pricing - The pricing strategy in which prices are based on strategies, costs, market offerings and prices of competitors is classified as?
A. learning pricing
B. marginal pricing
C. competition based pricing
D. demand based pricing - The difference between perceived costs and perceived benefits is classified as________?
A. buyer’s incentive
B. seller’s incentive
C. corporate incentive
D. competitor’s incentive - The business buyers convert all the benefits and costs into___________?
A. corporate terms
B. monetary terms
C. approving terms
D. influencing terms - The difference between the customer’s evaluation including all the costs incurred and the benefits is called ________?
A. customer perceived value
B. company market value
C. customer affordability
D. customer reliability