Define the term Independent Demand and explain how it relates to the sales and marketing activity of firms. Explain the benefits of accurate estimation of future Demand within the context generating a reliable production plan
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
Define the term Independent Demand and explain how it relates to the sales
and marketing activity of firms. Explain the benefits of accurate estimation
of future Demand within the context generating a reliable production plan
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