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Each time a new smartphone is offered, the company wants to automatically decrease its price over time. How could this be done? Note: This question displayed answer options in random order when taking this Test.
Correct Answer: D
To automatically decrease the price of a new smartphone over time within Salesforce Industries CPQ: D. Using price list entries with effectivity time frames: This method allows for setting different prices for the same product that automatically become effective at predefined times. By creating multiple price list entries for the smartphone each with different prices and specific start dates, the system can automatically update the price based on the current date. This approach simplifies managing price reductions over a product's lifecycle, making it efficient to implement and transparent to users. References: * Salesforce Industries CPQ Implementation Guide. * Examples of using effectivity time frames in Salesforce Industries CPQ price management.