Applications That Are High on Business Impact and High on Ease

question 9

Multiple Choice

Applications that are high on business impact and high on ease of execution best describes which category of the Application Prioritization Matrix?

• A) Low-hanging fruit
• B) Money pits
• C) Must haves
• D) Quick wins

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Definitions:

Discounts

A reduction applied to the normal selling price of goods or services, offered to stimulate sales or attract customers.

Marketing Pricing Strategy

The approach a business takes in setting the price for its products or services to achieve specific marketing objectives.

Predatory Pricing

A strategy where a company sets extremely low prices with the intent to eliminate competition or deter new entrants to the market.

Experience-Curve Pricing

A pricing strategy that assumes costs will decrease over time as experience in production increases, leading to lower prices for consumers.