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A camera- maker’s price competitiveness in a particular geographic region is determined by
a. Whether a company’s price is within 5% of the lowest-priced camera branding the region
b. How favorably the company’s price compares with the lowest price being charged by a rival in the same geographic region.
c. Whether a company’s price is at least 25% below the highest priced camera brand in the region
d. Whether its price is above or below the average price of all companies competing in that geographic region e. How favorably the company’s price compares to the highest price being charged by a rival company in the same geographic region.
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Target Cost And Cost Reduction To Achieve Target Cost
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