Question: please answer all questions correctly with explanation. QUESTION 16 This activity include all steps necessary to provide a competitive product or service to the customer




QUESTION 16 This activity include all steps necessary to provide a competitive product or service to the customer O Value Chain Analysis Cost Driver Analysis Strategic Positioning Analysis O None of these QUESTION 17 is any factor that changes the level of total cost. QUESTION 1 What is product mix pricing strategy? A strategy that advertises special prices A strategy that sets base prices O A strategy that involves adjusting prices of a group of products to maximize overall profits O A strategy that involves calculating then highest possible profit margin on every product QUESTION 3 Using the target.costing pricing strategy, an organization sets a competitive and strategically appropriate sales price and then subtract the desired profit from this sales price to determine the product's maximum acceptable production costs True False QUESTION 4 What is markup pricing? The doll amount added to the restor's costs The total profits recoller makes on a Thu dotar amount odded to cover the cost of operating u bus now The dollar amount that represents the average proht margin QUESTION 5 The pricing approach that attempts to create an illusion for the customer O Promotional Pricing O Price Skimming O Psychological Pricing O Segment Pricing QUESTION 7 Important factors in pricing are Cost O Demand O Competition O All of the above QUESTION 8 In competition based pricing an organization may O price above the competition price the same as the competition price below the competition O all of the above
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