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When Setting Prices,the Company Must Consider Its External Environment

question 86

Essay

When setting prices,the company must consider its external environment.Describe four aspects of the external environment and how they affect businesses.


Definitions:

Concern For People

A management attitude or approach that places a high value on employees' well-being and personal needs.

Business Development Manager

A professional responsible for creating growth opportunities and developing strategies for an organization.

Communication

The process of exchanging or transmitting thoughts, messages, or information through speech, writing, signals, or behaviors.

Sales Team

A group of individuals working together with the aim to sell products or services, targeting achieving sales goals.

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