The Total Cost of an Item Is the Sum Of

question 61

Multiple Choice

The total cost of an item is the sum of:

• A)both its direct and indirect costs
• B)direct costs,indirect costs and manufacturing overhead
• C)total indirect costs divided by number of units
• D)none of the options is correct

Grasp the idea of value proposition and how it shapes marketing strategies.

Understand the impact of competition on market segmentation and targeting.

Learn how to position a product or service in the market effectively.

Appreciate the significance of customer responsiveness to marketing efforts.