If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under _____________?

Related Mcqs:

1. The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as ___________?

   A. designed-in costs
   B. locked-in costs
   C. value added cost
   D. non-value added cost

2. An estimated price, which is expected to be paid by customers for particular market offering is classified as __________?

   A. target price
   B. target cost
   C. outsource price
   D. off shore price

3. The step by step business functions, in which product or services must have customer usefulness, is classified as ___________?

   A. value chain
   B. useful chain
   C. product chain
   D. services chain

4. An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called __________?

   A. inelastic demand
   B. product differentiation
   C. cost leadership
   D. elastic demand

5. The practice by seller, about offering same product at different prices, to the different customers is known as __________?

   A. price incurrence
   B. price discrimination
   C. price targeting
   D. price engineering

6. The continuous pressure of reducing the cost of products to be sold, is classified as ____________?

   A. supply efficiency
   B. material affectivity
   C. processing effective
   D. cost and efficiency

7. The technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called ___________?

   A. product life cycle
   B. life cycle budgeting
   C. life cycle costing
   D. target costing

8. A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called __________?

   A. product life cycle
   B. life cycle budgeting
   C. life cycle costing
   D. target costing

9. An income, which a company aims to earn by selling each unit of market offering is classified as ____________?

   A. target operating income per unit
   B. target cost per unit
   C. total current full cost
   D. total cost per unit

10. The practice of seller to charge higher price for same market offering is classified as __________?

    A. peak-load pricing
    B. elastic pricing
    C. elastic demand
    D. inelastic demand