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Lynna [10]
2 years ago
13

Price is important to managers

Business
1 answer:
jek_recluse [69]2 years ago
7 0

Price is important to managers because it has a substantial effect on a company's profitability and sustainability.

<h3>Why is pricing important?</h3>

The importance of pricing is traced to the fact that defines the value or worth of a product and the number of customers that demand the product.

For the consumer of products, price is a key factor that determines purchase decisions.

Thus, price is important to managers because it has a substantial effect on a company's profitability and sustainability.

Learn more about pricing at brainly.com/question/15569228

#SPJ1

<h3>Question Completion:</h3>

Why is price important to managers?

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PlZ HELP!!!
Luden [163]

Answer:

B.  telemarketing

Explanation:

In the telemarketing, the company or an individual is directly in contact with its customer with respect to the product over the phone call so that they could aware of the product

In this, the face to face interaction is not done

Therefore as per the given situation, the option B is correct as in this met the criteria.

5 0
3 years ago
Read 2 more answers
Vhich of the following is a description of a pullback device?
MrMuchimi

Answer:

Explanation:

A

8 0
3 years ago
The most common service provided by a real estate agent when selling your home is
aleksandrvk [35]
The answer is A. Providing legal advice
7 0
3 years ago
According to the textbook, which of the following is considered a reason that ERP implementations fail?
Mekhanik [1.2K]

A very good reason that leads to the failure of ERP implementation is the

  • Lack of communication within an organization

<h3>What is  ERP implementation?</h3>

This can be described as the integration of a great number of functions in the business environment.

Some of the functions that are integrated are:

  • Human resources
  • Financial management
  • Sales

ERP stands for Enterprise Resource Planning.

Read more on ERP implementation here:

brainly.com/question/16341677

6 0
2 years ago
As the owner of a party store, you have decided to lower the price for all balloons this month. What do you expect to happen?
Ulleksa [173]

Answer:

Quantity demanded for balloons will increase.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the commodity and the quantity demanded for that commodity.

This means that if there is an increase in the price of a good then as a result the quantity demanded for that good decreases and on the other hand if there is a fall in the price of a good then as a result the quantity demanded for that good increases.

Therefore,

Fall in the price of balloons will lead to increase the quantity demanded for balloons.

3 0
3 years ago
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