what is price in business?
Answers
Answered by
1
Answer:
price is the value that is put to a product and service and is the result of a complex set off calculations, research and understanding and risk taking ability. a pricing strategy takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others.
Explanation:
this this is your answer I hope it helps you..
Similar questions
Social Sciences,
8 months ago
Math,
8 months ago
Physics,
1 year ago
Hindi,
1 year ago
Biology,
1 year ago