Market factors – NBC Institute

BMIS – Nov 2023 – L1 – Q2c – Business and organisational structure

State five factors that business organizations consider when setting prices for their products to remain competitive and attractive to customers.

Question

Business organisations consider several factors when setting prices for their products. This is to enable them remain competitive and also remain attractive to customers.

Required: State FIVE (5) of these factors. (5 marks)

Answer

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Tags: Business operations, Competition, Market factors, Pricing Strategy, Product lifecycle
Level: Level 1

Topic: Business and Organisational Structure
Series: NOV 2023

Question Tag: Market factors

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BMIS – Nov 2023 – L1 – Q2c – Business and organisational structure

State five factors that business organizations consider when setting prices for their products to remain competitive and attractive to customers.

BMIS – Nov 2023 – L1 – Q2c – Business and organisational structure

State five factors that business organizations consider when setting prices for their products to remain competitive and attractive to customers.

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Question Tag: Market factors

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BMIS – Nov 2023 – L1 – Q2c – Business and organisational structure

State five factors that business organizations consider when setting prices for their products to remain competitive and attractive to customers.

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BMIS – Nov 2023 – L1 – Q2c – Business and organisational structure

State five factors that business organizations consider when setting prices for their products to remain competitive and attractive to customers.

You're reporting an error for "BMIS – Nov 2023 – L1 – Q2c – Business and organisational structure"

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Customer

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