Which of the following best describes competition-oriented method of pricing? Question 32 options: 1) Prices are double the cost of the merchandise 2) Prices are based upon adding a fixed percentage to the price of the product 3) Prices are based upon what the merchandise is worth 4) Prices are based on competitor's prices 5) Prices are based upon manufacturer's suggestionsWhich of the following is an advantage of having employees who are specialists rather than generalists? Question 33 options: 1) Reduced labour costs 2) Reduced number of employees 3) Increased skill level of employees 4) Increased employee knowledge of HR activities 5) Increased employee satisfaction