To understand how competitors might price competing products, a company:
A)needs to understand the competitor's technologies and financial conditions
B)may get information from suppliers that service the competitor
C)may use reverse engineering
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

All of these choices are correct. To understand how competitors might price competing products, a company needs to understand the competitor's technologies and financial conditions, may get information from suppliers that service the competitor, and may use reverse engineering as a method to analyze a competitor's product and determine its cost structure.

To Understand How Competitors Might Price Competing Products, a Company