The price strategy section articulates the specific product price and the product's price position relative to __________. When space permits, this section would include a __________.
A)potential substitutes; break-even analysis
B)the closest competition; situational analysis
C)industry standards; marginal analysis
D)the closest competition; diversification analysis
E)industry standards; break-even analysis

Question

Quizplus · Accepted Answer

The price strategy section typically compares the product's price to potential substitutes and may include a break-even analysis to determine the point at which the product will become profitable.

The Price Strategy Section Articulates the Specific Product Price and the Product's