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MrRissso [65]
3 years ago
14

1. What is the difference between pricing objectives and pricing constraints?

Business
1 answer:
yarga [219]3 years ago
8 0

Answer: pricing constraints are factors that limit the range of price a firm May set,such as newness of the product (alternative) , demand for the product class, product, and brand (alternative), cost of producing in marketing the product (alternative), competitors prices.

Pricing objectives-include maximizing profit, increasing sales volume, matching competitors prices,each pricing requires a different price-setting strategy in order to successfully achieve.

Explanation:

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