The Pricing Strategy of a Business Should Primarily Be Based

question 24

Multiple Choice

The pricing strategy of a business should primarily be based on:

• A) its own costs.
• B) marketing considerations.
• C) the amount of profit it wants.
• D) all of the above.
• E) none of the above.

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Definitions:

Business-IT Alignment

The process of ensuring that an organization's information technology supports and is in harmony with its business strategies and objectives.

Strong Alignment

The state in which a company’s strategies, activities, and resources are cohesively directed towards achieving its goals, often emphasizing a unified direction and purpose.

Good Reputation

The general public’s positive perception of a person, company, brand, or product, based on their actions, ethics, and past performance.

Green IT

Practices and technologies that improve the environmental sustainability of computing, including energy efficiency, reducing resource consumption, and disposing of electronic waste properly.