My product s are affected by pricing decisions in so many ways like for instance,
Environment: What is available, quality, cost, economy statues(inflation,deflation) or mo-
nopoly.
Competition:The availability of numerous alternative solutions will usually limit pricing flex-
ibility.
The market: Identifying and understanding the type of market to sell e.g is the market going to before many buyers , competitors , unique products e.tc in other words known as controlled market.
Prospects:Market trends,changing customers interest, demands due to seasonal consideration
(lower prices in summer) because of the targeted set of people.
POLICIES:I will employ other possible avenues to make sure that whatever decisions taken will not
disrupt the progress in business, I t will be a good idea to have other things in place as a cover up or shield against sudden changes.Preparation before hand is important to future occurances.I hope that my business will be affected by this policy positively.
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