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Give Two Examples of Products for Which Marketers May Use

question 150

Essay

Give two examples of products for which marketers may use optional- product pricing.


Definitions:

Organization

An organization is a group of people working together in a structured way to achieve collective goals and objectives.

New Product

An item that has been introduced to the market recently, offering new characteristics or purposes that distinguish it from existing products.

Directing

A management function that involves guiding, leading, and overseeing the work of employees to achieve organizational objectives.

Training

A process of learning and development which aims to enhance the skills, knowledge, and competencies of employees or individuals.

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