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Scenario 12.4
Use the following to answer the questions.
The BASF Chemical Company in Germany has developed a new rubberized coating. The product is used on cell phones and other hand-held electronic devices that give them protection from falls and scratches. BASF plans to market the product directly to businesses that manufacture the casings for these types of products. BASF currently uses a system of salespeople headquartered in Germany, while its primary business customers are in China.
-Refer to Scenario 12.4. BASF is considering the problem of actual distance in delivering its product from the plant in Germany to some of its customers in China. Which pricing strategy would help overcome this problem?
IBM
International Business Machines Corporation, a worldwide tech firm renowned for its production of computer hardware, software, and provision of IT services.
Hierarchical Organizational Structure
An organizational layout where entities are ranked according to levels of authority, from highest to lowest.
Marketing Practices
The activities and strategies employed by companies to promote, sell, and distribute their products or services.
Marketing Dashboard
A tool used to visually display key marketing metrics and KPIs at a glance, allowing businesses to monitor and measure performance and make informed decisions.
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