If potential customers are likely to object to the price of your product or service, what can you do?

What will be an ideal response?

Answer: If price is a likely objection, look for ways to increase the perceived value of the purchase and decrease the perception of high cost. For example, if you're marketing exercise equipment for the home, you could say that its total cost is less than a year's worth of health club dues.

Business

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The sum of all the depreciation expenses recorded to date for a depreciable asset is called residual value

Indicate whether the statement is true or false

Business

List and briefly discuss three measures that can be taken to maintain good controls over merchandise inventory

What will be an ideal response

Business