After determinmg its pricing objectives, what is the next logical step a company should take in setting its pricing policy?
A. Analyse its competitor's cost, price and offer
B. Determine the demand of the product
C. Estimate the cost of the product
D. Select the pricing method
Answer: Option B
Related Questions on Marketing
The four unique elements to services include:
A. Independence, intangibility, inventory, and inception
B. Independence, increase, inventory, and intangibility
C. Intangibility, inconsistency, inseparability, and inventory
D. Intangibility, independence, inseparability, and inventory
A. Learning
B. Role selection
C. Perception
D. Motivation
While buying milk which kind of behavior is displayed by a person?
A. Extensive problem solving behavior
B. Routinized buying behavior
C. Variety seeking behavior
D. None of the above
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