Answer:
A) Customer value-based pricing
Explanation:
In sales and marketing, price can be defined as the amount of money that is being charged by a seller for goods and services rendered to a potential customer or buyer.
Customer value-based pricing uses buyers' perceptions of what a product is worth, not the seller's cost, as the key to pricing.
Generally, a value-based pricing strategy typically begins with the manufacturer or seller assessing customer needs at a specific period of time. This ultimately implies that, a customer value-based pricing is all about the consumers of goods and services by considering their perceived benefits or satisfaction derived from the use of such products or services.
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The process through which labor and management negotiate conditions of employment for union-represented workers is collective bargaining.
Collective bargaining is the negotiation between the management and the employees on conditions of employment. Collective bargaining is done by the union of the workers or a group of employees. The bargaining is based on the interest of the employees related to wages, time, safety, overtime, health, insurance, and rights.
Collective bargaining could be addressed either by a single employer or the management of employers based on the industry-wide agreement of a country. It plays a crucial role in drafting the labor contract between the employer and the employees. In the United States, the National Labor Relations Act of 1935 ensures every worker has union rights.
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Answer:
The correct word for the blank space is: general contractor.
Explanation:
A general contractor is in charge of the everyday supervision of the activities within a construction. The general contractor achieves this by organizing all the employees within the construction, providing them with all the necessary tools and legal permits to perform their duties. General contractors are also in charge of the communication of information to all relevant individuals involved in the construction.