In ________ pricing, the price is set on the basis of the value that customers realize when they compare the price and benefits of the company's product with those of a key competitor's product

A) life-cycle value
B) customerization
C) perceived-value
D) value-in-use
E) cost-based

C

Business

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_______ is collecting information like attitudes, opinions, and lifestyle about consumers

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following is more powerful than rationalization of procedures?

A) Business process redesign B) TQM C) Automation D) Six sigma E) Systems analysis and design

Business