Questions & Exercises

Questions For Review

  1. 12-1. How does breakeven analysis help managers measure the potential impact of prices?

  2. 12-2. Discuss the goal of price skimming and penetration pricing.

  3. 12-3. What are the various classifications of consumer and industrial products? Give an example of a good and a service for each category other than those discussed in the text.

  4. 12-4. How is the concept of the value package useful in marketing to consumers and industrial customers?

Questions for Analysis

  1. 12-5. Describe the four stages of the product life cycle and the marketing mix that is used in each. Provide at least one example of a product in ...

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