Which of the following observations is false?
A) Competition needs to be considered when adding in overhead and profit for a bid price.
B) Some sellers fake their records to make costs seem higher than they really are.
C) Negotiated price is a price set based on bargaining between the buyer and seller.
D) Negotiated pricing is rare in situations where the marketing mix is adjusted for each customer.
E) Negotiated pricing is a demand-oriented approach.

Question

Quizplus · Accepted Answer

Negotiated pricing is actually more common in situations where the marketing mix is adjusted for each customer, as it allows for personalized pricing based on individual needs and preferences.

Which of the Following Observations Is False