Question

Developing a vision and mission identifying and organisations external opportunities and threats and determining internal strengths and weaknesses are called

Answer 1

It is a dynamic method of price determination that takes into account and responds to market factors of demand and supply while determining the selling price. It results in higher profitability for business by way of reducing cost as the selling price is already fixed in advance

Answer 2

Developing a vision and mission identifying and organisations external opportunities and threats and determining internal strengths and weaknesses are called