Explain why it is important for a business to take into consideration the following when deciding on the right price for a product 15 POINTSSS!!

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asked Nov 21, 2021 15.2k views

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Powege · Answer 1 · 2021-11-26T02:59:51+0000

Costs. First and foremost you need to be financially informed. ...
Customers. Know what your customers want from your products and services. ...
Positioning. ...
Competitors. ...
Profit.

Explain why it is important for a business to take into consideration the following when deciding on the right price for a product 15 POINTSSS!!

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