ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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refers to the products with little or no value produced as a result of the main product:
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product bundle pricing
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optional pricing
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by-product pricing
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None of the above
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Explanation:
Detailed explanation-1: -By-product pricing refers to products with little or no value produced as a result of the main product.
Detailed explanation-2: -Meaning of Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods. Pricing method is exercised to adjust the cost of the producer’s offerings suitable to both the manufacturer and the customer.
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