Which of the following is the first step in setting a final price for a product?
A)set list or quoted price
B)select an approximate price level
C)scan competitors for prices of similar products or services
D)determine cost,volume,and profit relationships
E)identify pricing objectives and constraints

Question

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The Answer of Which of the following is the first step in setting a final price for a product?
A)set list or quoted price
B)select an approximate price level
C)scan competitors for prices of similar products or services
D)determine cost,volume,and profit relationships
E)identify pricing objectives and constraints

Which of the Following Is the First Step in Setting