This topic contains a solution. Click here to go to the answer

Author Question: In TCO, _____ includes all costs associated with bringing the product, service, or capital equipment ... (Read 91 times)

maegan_martin

  • Hero Member
  • *****
  • Posts: 532
In TCO, _____ includes all costs associated with bringing the product, service, or capital equipment to the customer's location.
 a. purchase price
 b. opportunity costs
  c. acquisition costs
  d. usage costs
 e. end of life costs

Question 2

What is a skimming price strategy?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Loise Hard

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

c

Answer to Question 2

In first-time pricing, one of the general alternatives involves skimming. The objective of skimming is to achieve the highest possible contribution in a short time period. For an exporter to use this approach, the product has to be unique, and some segments of the market must be willing to pay the high price. As more segments are targeted and more of the product is made available, the price is gradually lowered. The success of skimming depends on the ability and speed of competitive reaction.




maegan_martin

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Excellent


cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library