Pricing policies of an organization long term or short term
Are the pricing policies of an organization long term or short term based? Briefly explain.
Expert
Depending on the volume of gains which a company has targeted, its pricing strategy might be short or long term based. When a company has invested a lot on research and development of the product and its endorsement, short term pricing strategy might be obeyed initially in order to recuperate the cost of investment quickly, after that it might change its pricing strategy to the long term one to maintain its business operations. For illustration a product might be sold at premium price at first and slowly its price might be lowered once it has captured adequate market demand.
Who usually designs the pricing strategies and programs for the organization?
What are the various factors to be taken into account before deciding on setting up the channel?
Advantages of having pricing policy in an organization
Explain what monitoring and controlling marketing actions necessitate?
Write a short note on the role of marketing department plays in an organization?
difference between heavy lift surcharge and long lift surcharge
Illustrate in brief the main difference between the publicity and promotion?
Write down a short note on the function of wholesaler in brief?
What do you mean by the term monopoly? Briefly state the term with suitable example?
What are the various roles which strategic control plays in the marketing?
18,76,764
1947934 Asked
3,689
Active Tutors
1452350
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!