Question
What is the term used to describe strategies used to determine customer perception of VALUE for a product or service with the ultimate goal to maximize profit?
Responses
Marketing Planning
Marketing Planning
Pricing
Pricing
Market Information Management
Market Information Management
Product Channel Management
Responses
Marketing Planning
Marketing Planning
Pricing
Pricing
Market Information Management
Market Information Management
Product Channel Management
Answers
GPT-4o mini
The term that best describes strategies used to determine customer perception of VALUE for a product or service with the ultimate goal to maximize profit is **Pricing**.