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Stichworte: product cost
What are the short term incentives to encourage the purchase or sale of a product or service?
Which tools are short term incentives given by the seller in order to promote the sale of the product?
Which pricing method sets the price of the product on what the customer is willing to pay?
Which of the following refers to the extent to which the place of manufacturing influences product evaluations?
What is the term for the total amount the seller receives from the sale of a product in a particular time?
Which of the following applies to the rebirth in cost-cutting measures for medicare and medicaid?
A product that is constantly environmentally friendly over its entire life cycle is known as:
Which characteristics of information means cost of producing information should be affordable?
What is it called when the supply for a product is higher than the demand for that product?
The rapid translation of high-fashion design trends by lower-cost manufacturer-retailers is called
What type of product advertising should be used in the early stages of the product life cycle quizlet?
Which of the following terms describes customers who are good at generating new product ideas or applications of products?
For the following cost pool activity choose the most appropriate cost driver meeting with customers
How do you call a cost which remains to be constant whether the sales increases or decreases?
Which type of cost changes in total in direct proportion to changes in activity level multiple choice question differential variable fixed opportunity?
Is a strategy of increasing sales and profits by maintaining an existing product in the existing market?
When the product price falls from $90 to $80 the quantity demanded rises from 600 to 700 units the price elasticity of demand is _____?
Being asked to develop a plan to increase international sales of a product is an example of
Which of the following perspectives of quality judges a product on the basis of how well the product performs its intended function?
Which of the following statements is true about GDP as a measure of a countrys economic health
When there are many small businesses selling one standardized product in a market this is called?
Which of the following variables makes marketing the sport product unique in comparison to marketing in other industries?
The term refers to reductions in unit cost achieved by producing a large volume of a product
Which of the following strategies is most likely to be pursued by a firm when there are strong pressures for cost reductions and demand for local responsiveness is minimal?
What occurs when to establish brand names of different companies are used on the same product?
Which of the following helps to design the product control the flow of resources needed to produce the product and operate the production process?
What results in a product or service received by an organizations external customer quizlet?
Which of the following is an advantage of using cost per contact to determine the media mix for a product?
Is the amount of money charged for a product or service or the sum of the values that customers exchange for the benefits of having or using the product or service?
The practice of charging different customers different prices for the same product is called
Which of the following refers to a process used by marketers to create an image in the minds of the target market?
Which of the following is a typical course of action for companies that pursue low cost leadership multiple choice question?
Which term refers to the decisions and activities that are intended to create and maintain a certain product concept in the customers mind quizlet?
When one nation can produce a product at lower costs relative to another nation it is said to have a blank in producing that product?
When one nation can produce a product at lower cost relative to another nation it is said to have a n in producing that product?
What is the name of the total value of all a nations goods and services produced each year?
In which of the following stages of the adoption process does a consumer consider whether trying a new product make sense?
Which term describes a process in which marketers present an accurate description of a new product to potential customers and ask if they find the idea appealing?
When a company combines different products for a lower price than it would be to purchase each one separately that is?
If the average total cost curve is falling then the marginal cost curve must also be falling
When marginal product is decreasing then average product will always be greater than marginal product?
Which of the following correctly states the relationship between marginal product and marginal cost?
Which of the following is true of the relationship between marginal cost and marginal product?
A relationship between the quantity of a product consumers are willing and able to purchase
What term states that producers are willing to sell more of a product at higher prices than at lower prices?
Which of the following terms refers to the amount of a product or service that people will buy at a certain price?
Where a company operates and sells its product can have an impact on its profitability because?
Symantec offers vendor-neutral certifications as well as certifications for its product lines.
What type of persuasive message activities are used to educate promote and inform consumers about a product or service?
What percentage of US gross domestic product was total health care spending in 2013 quizlet?
Where do new product ideas come from in the idea generation phase of new product development?
The four phases of the product life cycle are incubation, introduction, growth, and decline.
Which strategy makes sense when the firm faces strong pressures for cost reductions and demands for local responsiveness are minimal?
How can it be described to satisfy all the customers demand via product which is determined as per customer need?
Which supply chain planning function determines how much product is needed to satisfy all customer demands Ref 9 29?
Is the ability of a consumer to name the brands existence when its product category is mentioned?
When a practitioner attempts to make a new product newsworthy in order to get media and public attention it is called?
Which pricing strategy sets prices low in order to quickly establish the product in the new market?
An advantage to trade that consists of either product or process technology is known as __________.
What happens when marginal cost of producing a product continues to be greater than marginal revenue of a product?
A long-term, complete perspective of product or service costs and profitability is provided by
When an organization produces only a single product and attempts to sell it to two or more market segments?
When a new product or a new retail chain steals customers and sales from the organizations older products and retail outlets?
Which type of costing can be defined as a cost management tool for reducing the overall cost of a product over its product life cycle?
Is a technique in which the firm determines the desired cost for the product or service given a competitive market price so the firm can earn a desired profit?
Why might the cost of capital for a foreign project differ from that of an equivalent domestic project?
In which stage of the product life cycle should product strategy focus on forecasting capacity requirements?
At which stage of the product life cycle should product strategy focus on forecasting capacity requirements?
If you are motivated by physiological needs to make a purchase, which product would you buy?
Flexible budgets can be used when there is more than one cost driver (i.e., measure of activity).
Under a standard cost system, the materials efficiency variance is typically the responsibility of
Is the difference between the standard cost of materials for the actual output and the actual cost of materials?
When consumers incur an expense to move from one product or service to another we refer to this as?
When a percentage change in the quantity supplied is more than a percentage change in the price of a product it is called which supply?
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