The difference between value of the product and price of the product represents the _______. In business markets, the value provided will likely exceed the price or else the customer will be indifferent

a. cost-plus pricing
b. competition-based pricing
c. value-based pricing
d. customer incentive to purchase

d

Business

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Intel's focus on designing complex, expensive microprocessors for PCs enabled competitors to develop cheaper chip sets for non-PC electronics devices. In the strategic intent model of competitive advantage, this is an example of:

A) building layers of advantage. B) loose bricks. C) changing the rules of engagement. D) collaborating. E) none of the above

Business

________ is the only tactic effective across organizational levels

A) Legitimacy B) Inspirational appeal C) Rational persuasion D) Ingratiation E) Pressure

Business