When the companies pay less attention to its own costs or demands and bases its price largely on competition's prices, then it is known as
A. value pricing
B. going rate pricing
C. image pricing
D. psychological pricing
Answer: Option D
A. value pricing
B. going rate pricing
C. image pricing
D. psychological pricing
Answer: Option D
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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