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Turquoise Innovations Inc

question 40

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Turquoise Innovations Inc.has introduced a unique software that has no competition in the market.The company has incurred huge research and development costs in order to commercialize this software.Several business firms have been waiting for the release of this product as it saves their cost of outsourcing finance functions.Hence,the best pricing strategy this product will be _____.


Definitions:

Environmental Changes

Alterations in the external conditions that can impact an organization's operations and strategies.

Product Delivery

The process of moving goods from the production location to the place where they will be used or consumed.

Informal Learning

An unstructured and non-institutionalized form of learning that occurs in various contexts outside of a formal educational environment, often resulting from daily activities related to work, family, or leisure.

Departmentalisation

Departmentalisation is the process of grouping together people and jobs into work units.

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