According to your text,which of the following is NOT one of the steps included in the six-step process for setting price?
A)Set list or quoted price.
B)Estimate the break-even point.
C)Identify pricing constraints and objectives.
D)Select an approximate price level.

Question

Quizplus · Accepted Answer

The six-step process for setting price includes identifying pricing constraints and objectives, estimating demand and revenue, determining cost, analyzing competitor pricing, selecting an approximate price level, and setting a list or quoted price. The break-even point is not specifically mentioned as one of the steps.

According to Your Text,which of the Following Is NOT One