It is best if firms choose one pricing strategy to use for all its products rather than use different methods for pricing.

Question

Quizplus · Accepted Answer

The best pricing strategy for a firm depends on various factors such as the product, target market, competition, and marketing objectives. Therefore, it may not be ideal for a firm to use the same pricing strategy for all its products. Different pricing methods may be used depending on the specific product and market conditions.

It Is Best If Firms Choose One Pricing Strategy to Use