Not-for-profit pricing decisions:
I. Are made using the same practices as for-profit pricing decisions
II. Sometimes result in different prices for different customers
III. Sometimes subsidize particular groups of people
A) I and II
B) II and III
C) I, II, and III
D) III

Question

Quizplus · Accepted Answer

Not-for-profit pricing decisions sometimes result in different prices for different customers and sometimes subsidize particular groups of people. However, not-for-profit organizations often have different goals and values than for-profit companies, which may result in different pricing strategies. Therefore, not-for-profit pricing decisions are not always made using the same practices as for-profit pricing decisions.

Not-For-Profit Pricing Decisions: I. Are Made Using the Same Practices as For-Profit Pricing