__________ Is the Mental Processes of Acquiring and Retaining Information

question 98

Short Answer

__________ is the mental processes of acquiring and retaining information for later retrieval and the mental storage system that enables the processes of encoding,storage,and retrieval.

---

Definitions:

Effective Pricing

The strategy of setting a product's price based on the value perceived by the customer, market demand, and competition, aiming to maximize both profit and customer satisfaction.

Marketer

A person or company involved in the process of promoting, selling, and distributing products or services to potential customers.

Customer-Oriented

An approach by businesses that focuses on creating a positive experience for customers through tailored services and products that meet their needs.

Pricing Strategy

A method or model used by businesses to set the selling price for their products or services, taking into account factors like cost, competition, target market, and overall business objectives.