Setting Prices for Customers Can Be Very Complex

question 43

Multiple Choice

Setting prices for customers can be very complex.SAP helps by offering a control mechanism,called ____,to determine how much to charge a given customer for a given product.

• A) Pricing Variance
• B) Price Fixing
• C) Condition Technique
• D) Fluctuation

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Definitions:

Ethnocentrism

Viewing one's own culture as superior to others and using it as a benchmark to evaluate foreign cultures.

Stereotyping

The act of categorizing individuals or groups into oversimplified and generalized roles or attributes based on perceived characteristics.

Preconceptions

Pre-existing beliefs or opinions formed before having evidence or experience.

Assumptions

Beliefs or statements taken for granted without proof, often used as a basis for reasoning or argument.