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Decision makers should know a product's cost function if their decisions affect the amount of product produced. To know the cost impact of their decisions, decision makers apply the cost function to each possible volume of production. This is important in many decisions, such as pricing decisions, promotion and advertising decisions, sales staff deployment decisions, and many more decisions that affect the volume of product that the company produces.
Pricing is based on direct labor and overhead. Materials does not affect pricing. Example: Your customer provides materials used in production.
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
One of the factors that may affect a company's debt level is management. Another factor that may affect debt levels is whether the company is making profits or not.
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
Mostly competitor external prices affect pricing.
What factors usually affect pricing?
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.
list two factors that affect the price of a good or service
What factors usually affect pricing?
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 factors affect the pricing of Fast Moving Consumer Goods?"
Describe the seven external factors that affect marketing and business
There are many internal and external factors that affect child development. One internal factor is the genetic makeup of the child.
There are many external and environmental factors that affect marketing. Some of these include economy, government, supply lines, and consumer trends.
External factors are factors beyond your control that could significantly affect your ability to achieve your goals and objectives. ...
nothing can affect a computer