Developing a Good Pricing Strategy Is Essential to the Financial

question 75

Essay

Developing a good pricing strategy is essential to the financial well-being of a firm.Even though a firm has an excellent strategy,what are continuing threats to the strategy?

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Definitions:

RFPs

Stands for "Request For Proposal", a document that solicits proposals, often through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.

Video Teleconferencing

The technology that allows people in different locations to hold face-to-face meetings without having to move to a single location physically.

RFP

Request for Proposal, a document issued by an organization soliciting proposals from vendors for the procurement of a product or service, as part of the procurement process.

Sales Representative

An individual who represents a company's products or services, aiming to persuade potential buyers to make a purchase.