Value-based pricing is often product driven, and customer value perceptions are secondary

Indicate whether the statement is true or false


FALSE

Business

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When using a cost-based approach, once the cost of a good or service has been determined, additional factors need not be considered in establishing a selling price

Indicate whether the statement is true or false

Business

Web-based demonstrations can be an effective way to present when it is:

A) imperative that a customer see a full product demonstration B) important to meet face-to-face C) important to impress the buyer with technology D) necessary to provide factual data and research E) impossible or expensive to present in person

Business

Sally is a production manager in a processing plant that makes fruit juice for babies. She waters down the juice to cut costs, and says the practice is okay because the babies won't know the difference–showing that Sally has a utilitarian perspective

Indicate whether the statement is true or false.

Business

Which of the following is an example of a form of tenancy:

a. tenancy in common b. joint tenancy c. tenancy by the entirety d. all of the other specific choices are correct e. none of the other specific choices are correct

Business