Standardized services usually provide clients with standardized data
Indicate whether the statement is true or false
FALSE
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Identify the approach where the benefits of the product are put in monetary terms such as time savings, less use of materials, or less downtime
A) value pricing B) pricing to value C) value-in-use D) price discrimination
Your company is able to arrange financing at either a rate of 12.75% annually, or at a rate of 12%
compounded monthly. Assuming financing is needed for one year, which rate is the best? A) 12.75% annually, because the annual percentage yield for 12% compounded monthly is greater than 12.75%. B) 12.75% annually, because even though the annual percentage yield is higher, interest if paid only once per year at year end. C) 12% compounded monthly, because the annual percentage yield is 12.68%. D) Both rates are effectively the same, so your company should be indifferent between the two.