Organizing Customer Needs
Once customer needs are gathered, they then have to be organized. The mass of interview notes, requirements documents, market research, and customer data needs to be distilled into a handful of statements that express key customer needs. Affinity diagramming is a useful...
Product pricing
Pricing of insurance products, as empirically available in India, shows that pricing is not in consonance with market realities. Life Insurance premia are generally perceived as being too high while general insurance (especially motor insurance) is priced too low.
LIC has...
PURCHASE PRICE
WHAT IS SIGNIFICANCE AND RELEVANCE THEREOF?
Determination thereof is required to:
• Calculate turnover (including turnover of purchases) for
determining threshold limit to ascertain liability to tax; and
• Calculate purchase tax...
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