Which of the Following Do Firms Using Value Pricing Tend

question 119

Multiple Choice

Which of the following do firms using value pricing tend to avoid?

• A) Setting a high price only because consumers already know the brand name
• B) Building a relationship with a customer which raises their expectations
• C) Delivering unexpected services which haven't been stated to the customer
• D) Establishing a price level that gives the target market superior customer value
• E) Focusing on customer requirements and adopting a relevant marketing mix

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Definitions:

Avoid

To keep away from or stop oneself from doing something; an action or strategy aimed at preventing undesirable outcomes.

Sources Of Conflict

These are underlying reasons or conditions that lead to disagreement or contention between individuals or groups.

Resolve

The determination to do something or solve a problem; also refers to the act of finding solutions to issues or conflicts.

Theories Of Conflict

A set of principles or models aimed at understanding the sources, dynamics, and resolutions of conflict in various contexts.