A An ideal mission statement is sufficiently descriptive when:a) Identifies the firm’s products/servicesb) Identifies the markets it is trying to servec) Specifies the buyer requirements it pursues to satisfyd) Provides the firm’s own identitye) All of the above
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
A An ideal mission statement is sufficiently descriptive when:
a) Identifies the firm’s products/services
b) Identifies the markets it is trying to serve
c) Specifies the buyer requirements it pursues to satisfy
d) Provides the firm’s own identity
e) All of the above
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