A _____ pricing objective is suitable for a company that has overcapacity, intense competition, and changing customer needs.
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heya..
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A fix pricing objective is suitable for a company that has overcapacity, intense competition, and changing customer needs.
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Here is your answer...
A fix pricing objective is suitable for a company that has overcapacity, intense competition, and changing customer needs.
It may help you..☺☺
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Answer:
A survival pricing objective is suitable
Explanation:
- For a business with overcapacity, fierce competition, and shifting consumer wants, a survival pricing target is appropriate.
- It is used when a business must set prices at a point where it can only remain in business and cover essential expenses.
- In Survival pricing the goal of making profit is not focused.
- Survival pricing is a short-term or temporary one.
- So, Survival pricing objective is suitable in this situation.
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