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In Order to Adopt 'Premium Pricing' Strategy,it Is Important Not

question 20

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In order to adopt 'premium pricing' strategy,it is important not to view organisational products and services as 'commodities'.

Understand different sales approaches and their applications.
Recognize the significance of first impressions in sales.
Understand the role of questions in sales discussions and the SPIN approach.
Comprehend the impact of personal appearance and attitude on sales.

Definitions:

Delphi Technique

A structured communication method, usually involving surveys and questionnaires, used for systematic forecasting and decision-making by gaining consensus from a panel of experts.

Rand Corporation

A global policy think tank that offers research and analysis to improve policy and decision making.

Communication Networks

The methods and pathways through which information flows within an organization or group, influencing efficiency and effectiveness.

Majority Rule

A decision-making principle where the preferences of more than half of the members of a group determine the decision made by that group.

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