Which of the following would be an example of a constraint in Step 1 of the price-setting process?
A)We can rely on our reputation for our other products in the line.
B)Experts are predicting a surge in global demand.
C)We need to make allowances for large quantity orders.
D)We should increase the price during the holiday shopping season.
E)Remember,we don't know what the demand for this new product will be.

Question

Quizplus · Accepted Answer

Pricing constraints would include demand for product class and brand,newness of the offering,costs,and competition.

Which of the Following Would Be an Example of a Constraint