Pricing policy for an organization
Briefly list out all the factors to be kept in mind while designing the pricing policy for an organization?
Expert
We require analyzing the factors such as:
a) Who is the target market?b) Whether the manufactured goods has been doing fine in the market or not.c) Time frame- whether intends to earn gains in the long run or short run.d) Which class the product belongs to?e) What pricing policy the competitor firms are employing?
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