Which of the Following Are Elements of Step 3 in the Price-Setting

question 177

Multiple Choice

Which of the following are elements of Step 3 in the price-setting process?

• A)profit, market share, and survival
• B)estimation of demand, sales revenue, and price elasticity
• C)cost estimation, marginal analysis, and break-even analysis
• D)demand for the product class and brand, newness of the product, and competition
• E)market segmentation targeting, and positioning

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Definitions:

Constructive Feedback

Information provided to an individual or group that is intended to help improve or develop performance, behavior, or skills in a supportive manner.

Impact on the Receiver

The effect or influence that a communicated message or action has on the individual or group receiving it.

Active Listener

A person who pays full attention to the speaker, understands, responds, and then remembers what is being said, engaging in effective and empathetic communication.

Recognized Feelings

Acknowledged emotions that individuals are aware of and can identify within themselves or others.