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There are various factors that affect the pricing decisions of a company. Customer, competition, economical factor's such as weak buying power or recission and the host govt laws. Besides these factors internal factors of companies are also affectimg the priciog decision.
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∙ 11y ago
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What is the internal factors affecting pricing decision?
It will depend upon how much time your employees spent on making the item. It can also depend upon how much money you spent on the quality of the items to make your product.
What is company oriented pricing?
Pricing driven by a company's internal factors. The company will take a stock of all the internal costs and determine a pricing that will ensure a return. e.g. Cost plus method.
What make pricing of product an important product decision Justify its significance in the light of the growth and profitability of the business?
The pricing of a product is a key factor in determining demand for the product. For instance, if something is priced too high, demand will decrease. If an item is priced lower than competitors, all other factors being equal, then demand for the product will increase.
What are the various factors that affect the pricing of a product?
the pricing of a product is largely depended on the two main factors : - 1. Internal like cost of production profit margin etc 2. External like type of market, general economic conditions, competitors, nature of the product etc.
What are the different pricing methods in international marketing?
Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing
What is external factors affecting pricing?
Mostly competitor external prices affect pricing.
What are the factors affecting a menu?
The factors affecting menu pricing in any food establishment are mainly food costs. Other factors that affect menu pricing are rent, taxes, utilities, payroll, and many more.
What is the internal factors affecting pricing decision?
It will depend upon how much time your employees spent on making the item. It can also depend upon how much money you spent on the quality of the items to make your product.
What are the economic environment factors affecting pricing?
I think supply and demand, and maybe inflation. If anyone thinks there's a better answer, please edit
What are the factors affecting transportation pricing decisions?
Cost of Fuel Wages Traffic Accidents Vehicle malfunctions Road work Absent driver
What factors usually affect pricing?
What factors usually affect pricing?
What has the author Marshall E Blume written?
Marshall E. Blume has written: 'Factors affecting capital formation' 'The theory of security pricing and market structure'
What are the Factors involve in pricing general and special attendance on sub contractor in tendering and estimating?
Discuss factors in pricing general and special attendance on subcontractors?
What are the internal and external factors for pricing?
There are internal and external factors for pricing. The internal factors include the manufacturing or purchasing costs while external factors depend on the demand of a product.
What has the author James B Hassler written?
James B. Hassler has written: 'Transportation rates and other pricing factors affecting the California swine industry' -- subject(s): Transportation, Pork industry and trade, Rates
What is the subject matter of microeconomics?
The subject matter of microeconomics includes several factors. Some of these factors are commodity pricing, factor pricing, and welfare theory.
How Decision Support Systems can help a company in pricing and profitability?
Decision support systems help managers analyze information within the organization. Based on this information, managers can make better decisions about pricing and profitability.
