
George is excited because he has obtained the price list of his company's major competitor. His supervisor, Homer, is also optimistic. However, he has much more experience in the industry than George and cautions him that just because they have access to their competitor's price list
A) doesn't mean the list has not been completely fabricated.
B) doesn't mean their firm will be able to match their competitor's prices.
C) doesn't mean that knowing competitor prices is important.
D) doesn't entail actually using the price list when establishing prices.
E) doesn't mean they reflect the actual prices at which competitive products are sold.
Correct Answer:
Verified
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