Question

Pricing policy
About what informs their pricing policy

Answer 1

Answer:

Generally, pricing policy refers how a company sets the prices of its products and services based on costs, value, demand, and competition. ... Pricing strategy entails more than reacting to market conditions, such as reducing pricing because competitors have reduced their prices.

Explanation:

Answer 2

Answer:

Generally, pricing policy refers how a company sets the prices of its products and services based on costs, value, demand, and competition. ... Pricing strategy entails more than reacting to market conditions, such as reducing pricing because competitors have reduced their prices.