Business Studies, asked by dineshsundaramsd, 12 days ago

Till 6 months back, Roar Itd was the only company selling solar heating bags, but now with the entry of 3 other companies offering the same product, the market scenario has changed. consequently, Roar itd has decided to reduce the prices of the product by 5%. identify the related factor affecting the pricing decision of the company.

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Answered by adhitri25118

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Till 6 months back, Roar Itd was the only company selling solar heating bags, but now with the entry of 3 other companies offering the same product, the market scenario has changed. consequently, Roar itd has decided to reduce the prices of the product by 5%. identify the related factor affecting the pricing decision of the company.

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