GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:15 Mar 24, 2007 |
German to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Steffen Walter Germany Local time: 20:59 | ||||||
Grading comment
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Summary of answers provided | ||||
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3 +4 | to miss out |
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4 +1 | sacrifice |
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2 | overlooked |
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to miss out Explanation: to miss out on revenue (opportunities) Example: http://www.revenuetech.com/market_realities/index.html "Good pricing is at the heart of any successful business. A key driver of both revenue and profit, pricing is a vital element throughout the organization. P&L executives adjust pricing strategies to improve revenue and yield. Marketing managers create innovative pricing and promotional campaigns to increase sales at reduced cost. Sales people use price incentives to close deals. Despite the pervasiveness and importance of price, companies struggle to understand and manage it. Either they simplify to a ‘one-price-fits-all’ approach and ***miss out on revenue opportunities*** tailored to special market needs, or they engage in complicated pricing strategies and find themselves buried under the burdens of managing those complexities." |
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