Examlex
Strategic (management) planning is a managerial process of developing and maintaining a match between the resources of the production department and its product opportunities.
Price-insensitive Product
Products for which demand remains relatively constant regardless of changes in price, often due to unique attributes or lack of substitutes.
Product-line Pricing
A marketing strategy where a company sets different price points for various products in the same product line based on features, materials, or other value points to target different consumer segments.
Product-line Pricing
A marketing strategy that involves setting different prices for various items in a product line based on their features, costs, or market demand.
Customary Price
Customary price refers to the price that consumers expect to pay for a product or service, based on historical pricing, market standards, or common practice within a specific industry or region.
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