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Juweetygo
Answered

What is pricing? What are your ideas on how to price a product? How about on how to price services offered? What is a markup? Is this necessary in doing business? Why or why not?​

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Azeethegreatgo

Answer:

is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan.

  • Pricing for Target Return (on Investment) (ROI): ...
  • Market Share: ...
  • To Meet or Prevent Competition: ...
  • Profit Maximization: ...
  • Stabilise Price: ...
  • Customers Ability to Pay: ...
  • Resource Mobilisation:

Step-by-step explanation:

It's necessary in doing business to get an income for your business to not bankrupt

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