Q9. Please fill in the blank.

Customers and competitors play important roles in determining the price _______ for a companys products and services. A companys price floor is determined by its incremental costs. The price ______ represents the lowest price that a company can charge and still make incremental profit on the sales transaction.

Q10. How the selling price is determined by cost-plus pricing? Fill in the blank.

Selling price = (1 + ________)*Cost

Q11. What are the four categories of balanced scorecards? Answer

1- 2- 3- 4-

Q14. How is management control distinguished from objective setting and strategy formulation? Please fill in the blank.

Management functions are separated along a process involving objective setting, strategy formulation, and management control. Management control is the back end of the management process. Management control has the same meaning as the terms _________ and strategy __________.