Mcdonald's and burger king are sometimes forced to drop prices by promoting "value meals" in the face of mounting competition. this is an example of a objective.

Status quo

Explanation:

  The status quo is one of the type of pricing strategy in which the competitors maintaining the current pricing status of the various types of products and the services in the market.

The status quo objective is also known as the challenging strategy in which the various types of customers are get attracted with the good deals by maintaining the pricing level in the market.  

 According to the given scenario, the burger king and the McDonald are forced to lower the prices so that they can promote the " Value meals" due to facing the competition in the market.

Therefore, Status quo is the correct answer.    

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"