ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Companies must deliver the value promised by their value proposition, and the customer must perceive this value.
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Target Costing
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Accumulated Depreciation
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Accumulated Production
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Perceived-Value Pricing
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Explanation:
Detailed explanation-1: -Value-based pricing, also known as value-added pricing or value pricing, is a method of setting prices based on your customers and how they perceive the value of your product.
Detailed explanation-2: -Competition-Based Pricing Strategy Competition-based pricing is also known as competitive pricing or competitor-based pricing. This pricing strategy focuses on the existing market rate (or going rate) for a company’s product or service; it doesn’t take into account the cost of their product or consumer demand.
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