When setting price, a company must consider many factors including the costs of:Multiple select question.organization structuredistributionpromotionproduction
Question
When setting price, a company must consider many factors including the costs of:
- organization structure
- distribution
- promotion
- production
Solution
When setting a price, a company must consider many factors including the costs of:
-
Organization Structure: This includes the costs of maintaining the company's infrastructure, paying employee salaries, and other administrative expenses.
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Distribution: These are the costs associated with getting the product from the production facility to the customer. This can include transportation, warehousing, and any fees paid to intermediaries like wholesalers or retailers.
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Promotion: These are the costs of advertising and marketing the product. This can include everything from traditional advertising campaigns to digital marketing efforts and public relations.
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Production: These are the direct costs of producing the product. This includes the cost of raw materials, labor, and any other direct costs associated with the manufacturing process.
So, all of the above options are correct.
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