Cost-led pricing refers to which of the following pricing calculations

a. calculating the cost of manufacturing and delivering the product and adding a profit margin
b. calculating the cost based on how much profit you have targeted in your business plan
c. calculating the price based on the maximum price a customer will pay
d. calculating the price based on competitive products


a. calculating the cost of manufacturing and delivering the product and adding a profit margin

Business

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A. suppliers B. shareholders C. technology D. customers

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Prescribing policies and operating procedures aids the task of implementing strategy by

A. placing limits on ineffective independent action and channeling efforts of individuals along a path more conducive to good strategy execution and operating excellence. B. acting as a powerful lever for changing employee attitudes about the need for a different incentive and reward system. C. helping ensure that worker eligibility for incentive bonuses is measured consistently and awarded fairly. D. fostering the use of best practices, TQM, Six Sigma, and continuous improvement efforts. E. helping build employee commitment to strengthening the company's core competencies and competitive capabilities.

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The WBS is created by decomposing a project into smaller pieces of manageable work

Indicate whether the statement is true or false

Business

Which of the following is the first step in the data reduction process?

A. Iteration B. Categorization C. Comparison D. Integration E. Memoing

Business