Question

Name the process of translating the value of a product or service in terms of money. (1)​

Answer 1

Answer:

value of store & stocks.

Answer 2

Name the process of translating the value of a product or service in terms of money.

a) marketing

b) advertising

c) pricing

d) publicity

The correct answer is :

Pricing

Explanation :

Pricing is a process by which the value of a product or service is translated into money. Any production work or the work of creating a service is done so that the producer or service provider gets its value. This is a rule of business.

Any producer produces a product, then he puts his cost in it or if a service provider creates a service, then he also puts his own skill and cost. In return, he expects that he should receive a dividend in addition to its cost price.

That is why a producer or service provider, to determine the value of its product or service in money, determines the total value of that product or service by adding the cost price and dividend and translates it as money, so that the buyer has the right to buy it. able to take a decision.

#SPJ3

——————————————————————————————————————

Know something more :

https://brainly.in/question/39157713

A product is perceived in different ways by different consumers is which product characteristic?

https://brainly.in/question/1178623

Where do MNC's set up their production units? Explain.