ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Each of the following economic factors can have a IN-DIRECT impact on a firm’s pricing strategy EXCEPT ____
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inflation
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currency
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recession
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deflation
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regulation
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Explanation:
Detailed explanation-1: -Product Cost. The Utility and Demand. The extent of Competition in the market. Government and Legal Regulations. Pricing Objectives. Marketing Methods used.
Detailed explanation-2: -Suggested Videos. Classification of business. Browse more Topics under Marketing. Market & Marketing. 1] Cost of the Product. The most important factor affecting the price of a product is the product cost. 2] The Demand for the Product. 3] Price of Competitors. 4] Government Regulation.
There is 1 question to complete.