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Fresnas Designs Inc. is a company known for its quality interior decorations, customized service, and affordable prices. Given the high demand for its service, Fresnas’ management could price its products higher, but it prefers to price its products such that it will earn a reasonable revenue. Fresnas bases its pricing policy on ____________ .

User Yugantar
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Answer:

The kind of pricing policy that Fresnas designs inc is using is earning satisfactory profits.

Step-by-step explanation:

Pricing policy can be defined as the way in which a company sets the prices of its products and services, now while setting these prices a company would take in to account factors like cost, demand for product , competition in the market , value etc. Here fresnas company has based their pricing policy on earning satisfactory profits, which for them are reasonable level of profits, considering the level of risk they are facing in the market.

User Mohamed Thaufeeq
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