pos Renoie TmBiet Binwteh prenefands of segments and the current product positio

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pos Renoie TmBiet Binwteh prenefands of segments and the current product position tiampletine pistueipositioning process Question 8 The degree of latitude that an industrial firm has in setting prices above those offered by competitors is O the firm's objectives O the cost of producing the product upon the level of differentiation the product enjoys with organizational buyers O the size of the firm's promotional budget O all of these Question 9 Per the text, the two basic forms of competitive bidding are bidding O solicited and unsolicited O tactical and strategic O formal and informal Save and Submit

Explanation / Answer

Q. 8.  The level of differentiation the product enjoys with organizational buyers.

The organization differs it's product's prices according to the differences in product features.

Q. 9. None of these.

Competitive bidding are rights to a property under some specified terms and conditions. There are mainly two types of bidding - open competitive bidding and closed competitive bidding.

Q. 10. Conduct a preliminary analysis of the expected cost of preparing the contract bid.

Before conducting a competitive bid it is needed to determine the cost needed to prepare the contract.

Q. 11. All of these.

Lead users are very important for marketing. They represent themselves as the influencing buyers and are the early adopters of the technology.

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