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Which of the following is true of the value-in-use pricing method?
The product price is set to provide customers with an attractive savings after considering the life-cycle costs of the product.
The cost of making a product and the desired profit margin are the two primary determinants in setting a value-in-use price.
Price is set by unbundling a product's features, placing a price on each, and then allowing customers to select the features they want at a price that they are willing to pay.
It considers neither what the buyer would be willing to pay for product performance nor the cost of other similar products in the market.
Price is set on the basis of the value that customers realize when they compare the price and benefits of the company's product with those of a key competitor's product.
Think of all the ineffective leaders you have ever worked or played for. What attributes did they have (or perhaps more importantly, lack) that caused them to be ineffective?
The solution does a great job of answering the question. The solution is brief and very easy to follow along. All the steps are clearly shown. It can be easily understood by anyone with basic understanding of topic.
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