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Why should pricing objectives be explicitly stated? Question 8 options: They have a direct effect on pricing policies and the methods used to set the
Why should pricing objectives be explicitly stated?
Question options:
They have a direct effect on pricing policies and the methods used to set the price.
Explicitly stating these objectives provides direction for companylevel objectives.
Explicitly stating objectives provides legal protection for the firm.
Most state laws require explicitly stating legal objectives.
Firms should always choose profitoriented pricing objectives.
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