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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

How might buyers’ perceptions of price influence pricing decisions?

Summary Introduction

To determine: The ways buyers’ perceptions of price influence pricing decisions.

Introduction: Price frames a vital constituent of the showcasing blend and is for the most part administered by the organizations pricing objectives, which is intelligent of the marketing, money related, product and vital objectives, alongside the consumer price desires, the current stock, the manufacturing facility and the related price elasticity.

Explanation

The ways buyers’ perceptions of price influence pricing decisions are as follows:

For a specific item, the cost might be a greater aspect to a few purchasers than to others. The significance of cost to purchasers will likewise fluctuate contingent upon the item...

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