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- Define the term Leader Pricing?1. Why is it important to determine pricing objectives before pricing goods and services?When making and evaluating pricing decision, managers must consider many factors, some of those factors related to external market and other related to internal constraints. What are these factors? (Minimum 3 factors)
- Evaluate the likely impact on the finances of a business of using a pricing strategy such as that used by RyanAirWhat is target costing?Kindly state and analyze the pricing strategy of stree foods and how being used or the probable pricing strategy used by the business. Describe how the prices of their product may affect the sales and demand of the product.
