Pricing policy for an organization
Briefly list out all the factors to be kept in mind while designing the pricing policy for an organization?
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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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