Setting the selling price of a company's product is an example of
A)planning.
B)control.
C)decision making.
D)all of these.

Question

Quizplus · Accepted Answer

Setting the selling price of a company's product involves decision making, as it requires analyzing various factors such as production costs, competition, target market, and profit margins. While planning and control may also be involved in the overall pricing strategy, decision making is the primary function in this scenario. Therefore, option C is the best choice.

Setting the Selling Price of a Company's Product Is an Example