Business Studies, asked by anantbhatt789, 8 months ago

Explain briefly the objectives of pricing.

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Answered by prash9584

0

Answer:

Five main objectives of pricing are: (i) Achieving a Target Return on Investments (ii) Price Stability (iii) Achieving Market Share (iv) Prevention of Competition and (v) Increased Profits! Before determining the price of the product, targets of pricing should be clearly stated.

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