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What is the difference between the fair market value (FMV) and the preferred price of a product or service?
The fair market value (FMV) is the price at which a product or service would be sold between a willing buyer and a willing seller in a competitive market. The preferred price, on the other hand, is the price set by the seller based on factors like brand reputation, exclusivity, or customer demand, which may be higher or lower than the FMV.
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What is the difference between fair market value and preferred price when determining the value of a product or service?
The fair market value is the price at which a product or service would be sold between a willing buyer and a willing seller in an open market. Preferred price, on the other hand, is a price that is set by the seller based on their own criteria, such as cost, profit margin, or brand positioning. The preferred price may not always align with the fair market value.
Difference between products and services?
product is tangible and service is intangible.
Difference between retail and hospitality?
Retail provides a product for sale. Hospitality provides a service for sale
What is Gross margin operating income?
It is the difference between revenue from the business and the cost of making a product or providing a service. This is the number before you deduct all expenses.
What is the difference between a utility deposit and a service initiation fee?
deposits are refundable and fees are not
What is the difference between exporting a product and exporting a service?
product is tangible and service is intangible.
What is the difference between producersconsmers?
Im guessing you mean the difference between producers and consumers. Producers make a product or give a service, and consumers purchase, a service or product.
What is the difference between service organization and manufacturing organization?
A service organization's end product is a service. A manufacturing organization's end product is a product.
What is the difference between fair market value and preferred price when determining the value of a product or service?
The fair market value is the price at which a product or service would be sold between a willing buyer and a willing seller in an open market. Preferred price, on the other hand, is a price that is set by the seller based on their own criteria, such as cost, profit margin, or brand positioning. The preferred price may not always align with the fair market value.
Difference between product quality and service quality?
Product quality is the way a product performs. While service quality is how well an experience was when shopping for, buying, using a product or service.
Difference between products and services?
product is tangible and service is intangible.
Difference between Product promotion and service promotion?
They are very similar but in product promotion you describe the benefits of using a product and how it will improve your life. In service promotion you describe the value and benefits of opting in to a service. There isn't much of a difference except one is tangible and the other intangible.
What is the difference between physical product n service product?
Following are the Difference between physical product and services product Physical product realiability aesthetics adaptability usability functionality approprateness Services Product friendliness safety biling responsiveness to requests appearance of physical facilities approachability of the service provider willing to listen to customer honesty and an ability to communicate in clear language
What is the difference between dealer and customer?
The dealer is the person selling a product / service or making deals with customers to sell some thing. The customer is the person buying the product / service.
Difference between retail and hospitality?
Retail provides a product for sale. Hospitality provides a service for sale
What is the difference between a monopoly and a monopsony?
A monopoly is when a single company controls the supply of a product or service in a market, while a monopsony is when a single buyer controls the demand for a product or service in a market.
What is the difference between customer delight and customer service?
•difference between service and delight
