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  3. Study Set
    Cost Accounting
  4. Exam
    Exam 13: Pricing Decisions and Cost Management
  5. Question
    Developing a Product That Satisfies the Need of the Potential
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Developing a Product That Satisfies the Need of the Potential

Question 64

Question 64

True/False

Developing a product that satisfies the need of the potential customers is the first step in implementing target pricing and target costing.

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