A manufacturing company that introduces a product should consider as a pricing constraint what specific price its __________ currently charge or may charge in the future.
A)present and potential competitors
B)financial institutions
C)suppliers
D)unions
E)regulators

Question

Quizplus · Accepted Answer

The pricing constraint that a manufacturing company should consider when introducing a new product is the price that its present and potential competitors currently charge or may charge in the future. This is because customers will compare the price of the new product with the prices of similar products offered by competitors, and the company will need to set a competitive price to attract customers. Financial institutions, suppliers, unions, and regulators may also have an impact on pricing, but they are not typically considered as direct pricing constraints for a new product.

A Manufacturing Company That Introduces a Product Should Consider as a Pricing