Short-term profitability and maximization of revenues from assets should always be the driving force behind services' pricing decisions.

Question

Quizplus · Accepted Answer

Short-term profitability and maximizing revenue from assets should be balanced with long-term sustainability and customer satisfaction when making pricing decisions. Focusing only on short-term profitability can lead to price gouging, customer dissatisfaction, and a negative reputation in the market. It is important to consider the long-term impact of pricing decisions on the brand and customer loyalty.

Short-Term Profitability and Maximization of Revenues from Assets Should Always