Which of the Following Factors Increases Pressures for Cost Reductions

question 19

Multiple Choice

Which of the following factors increases pressures for cost reductions?

• A) Differences in distribution channels between home and foreign markets are modest.
• B) Increasing national wealth is expanding the market.
• C) The product has great transportation needs.
• D) The product has high switching costs.
• E) Differentiation on nonprice factors is difficult, and price is the main competitive weapon in a market.

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Definitions:

Reflective Listening

A communication technique involving understanding a speaker's message and then offering it back to the speaker to confirm the message has been understood correctly.

Active Listening

The process of fully concentrating, understanding, and responding during the course of a communication.

Developmental Feedback

Constructive comments or assessments aimed at fostering growth, learning, and improvement.

Sender

The person or entity that initiates a message in the communication process, aiming to convey information to a receiver.