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In the five C's, how is cost different from price?

A.

It includes the company's operating costs.

B.

It makes it easier to promote the product.

C.

It reduces the company's operating expenses.

D.

It includes all of the costs related to the product.

Verified Answer :

There are five C's while the product is priced.

1. Cost - While pricing the product, the product price should include all the cost related to the product that is marketing, selling and distribution and other cost.

2. Customers - Whether the customer will be able to pay the price and is the best judge.

3. Channels of distribution - Through which mode it will reach its customers

4. Competition - which are the competitors in the market and at what price the product is sold by them.

5. Compatibility - Pricing is to be done on the basis of how much the product is compatible with its supplement products.

The correct answer is D which says that the Cost includes all the cost related to the products.

obasola1

Answer:

D It includes all of the costs related to the product.

Explanation:

The five C's that we have are

1. compatibility: What is the relationship between the product and other products in the market , are they alike

2. Competition: what are the various compe

3. Cost: THis has to do with the monetary value in manufacturing a product, price is the the monetary value a customer is willing to pay for that product

4. Channels of distribution: Ways of selling the product

5, Clients: These are end users of the products

so  the answer will be

D It includes all of the costs related to the product.

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