Pricing Decisions?


Pricing decisions are the decisions that are faced by the top management and marketing managers with regards to pricing of products. This commodity pricing is defined by the difference between the total revenue and the total costs in the market. However in most cases, it is defined by the total amount of cost plus the amount of profit that the company wants to make and is later adjusted by the amount of competition and demand in the market.
Q&A Related to "Pricing Decisions?"
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