Product Pricing

Product pricing refers to establishing a selling price for a product. The basic rules of pricing are: All prices must cover costs and profits. The most effective way to lower prices is to lower costs. Review prices frequently to assure Read More …

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PRODUCTION AND MARKETING ACTIVITIES

Production means application of processes (Technology) to the raw material to add the use and economic values to arrive at desired product by the best method, without sacrificing the desired quality. Types of Production Systems The organization of manufacturing systems, Read More …

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