The first step of value based pricing is to Options: A . &nbspassess needs of customer B . &nbspset target price C . &nbspdetermine incurred costs D . &nbspdesign product

The first step of value based pricing is to

Question

The first step of value based pricing is to

Options:

A . assess needs of customer

B . set target price

C . determine incurred costs

D . design product

Answer: Option A
Answer: (a).assess needs of customer

Was this answer helpful ?

Next Question

Question 1. The first step of cost based pricing strategy is to....

Question 2. According to PLC stage, when a newly developed product satisfies the market then the stage it enters called....

Question 3. The pricing strategy in which prices are adjusted for psychological effect is classified as....

Question 4. The set price limit from which no more demand is accepted is classified as....

Question 5. The pricing strategy which considers setting the price after designing marketing program is classified as....

Question 6. The fourth step of value based pricing is to....

Question 7. The price adjustments made for volume purchases, payment of bills and off season buying includes....

Question 8. The 'marketing strategy statement' the second part consists of....

Question 9. The prices that buyers keep in their mind and compare the price of given product to other product's prices are calle....price of given product to other product's prices are called

Question 10. Finding new segments and new users which can result in increased consumption of market offering is said to be....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0