Traditionally, the decision of which pricing policy firms should follow depends on all of the following...

Traditionally, the decision of which pricing policy firms should follow depends on all of the following EXCEPT:

the level of competition.

environmental changes.

the innovativeness of the product.

market characteristics.

company characteristics.

Expert Solution

1. E. Company characteristics

While all other options represents valuable change factors for a company’s pricing policy, we can say that the company's characteristics have minimal impact over their pricing consideration since the market value, its changes, environmental changes, competition, and product innovation has an immediate effect over the understanding of the offering in the market.

keosha answered 2 years ago

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