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Albertsons, a large national supermarket chain, bases pricing decisions on market share and the percentage of a market controlled by a certain product. Albertsons bases its pricing decisions on _____.

1 Answer

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Answer:

Volume objective.

Step-by-step explanation:

Pricing decision can be defined as the various choice that are made by organizations when determining the price at which their products will be sold. Different factors can greatly influence the price of a variety of products.

Pricing decisions are carried out mainly to increase sales and maximise profit.

Albertsons supermarket bases its pricing decisions on volume objective due to the percentage of market shares that they control.

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