Pricing strategies refer to decisions concerning setting initial prices for products and services, and adopting new prices influenced by challenges or opportunities. The simple purpose of a pricing strategy is to decide upon a favorable price that ensures an organization sells as much units of a product as possible, while maximizing profit.
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Economy
10 posts
The Unique Nature of Acqui Hires
Acqui-hiring is a relatively novel acquisition practice of established technology firms. Unlike…
Financial Literacy
Definition and Concept of Financial Literacy Financial literacy is an important concept…
What is Financial Education?
What is Financial Education? Increasing technological developments in recent years, the increase…
Financial Crisis and 3 Models
Definition of Financial Crisis Financial crisis – the financial crisis is an…
What is dropshipping?
What is dropshipping, where you can start your own business and earn…
What is Phillips Curve?
The Phillips Curve is an economic concept developed by William Phillips that…
Offshore Crypto: The World’s Largest Cryptocurrency Exchanges Are Moving to Malta
Offshore Crypto Offshore Crypto Cryptocurrency exchanges have started making their way to…
What is hyperinflation? The Most Striking Examples
Hyperinflation is a disaster in the clearest sense of the word. Once…
SCM | Supply Chain Management
Supply chain management / SCM can be defined as the activities that…