Factors that influence the pricing decision are only external in nature.

Name: Factors that influence the pricing decision are only external in nature.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

Factors that influence pricing decision can be both internal and external. Internal factors like cost of production, desired profit margins, marketing objectives, and company policies also play a significant role in pricing decisions along with external factors like market demand, competition, economic conditions, and government regulations.

Factors That Influence the Pricing Decision Are Only External in Nature