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The norming stage of group development is characterized by:
Product-line Pricing
A strategy where different products within the same category are priced differently based on features, benefits, or cost of production.
Dynamic Pricing Policy
A pricing strategy where the prices of goods or services are adjusted in real-time based on demand, competition, and other market factors.
Competitive Factors
Elements that influence a company's ability to compete in the market, including product quality, price, marketing strategies, and customer service.
Demand Changes
Alterations in consumer desire or need for products and services, influenced by factors like price, trends, and economic conditions.
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