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A value chain is composed of activities, and each activity is composed of processes. Select one: True False Cost-based pricing starts with the cost and
A value chain is composed of activities, and each activity is composed of processes. Select one: True False
Cost-based pricing starts with the cost and adds a mark-up to cover unallocated costs and achieve a desired profit. Select one: True False
One of the reasons why economic models for pricing are not widely used in practice is that the necessary information for these cannot be developed or cannot be developed at a reasonable cost Select one: True False
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