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Copyright Atomic Dog Publishing, 2008
Pricing Decisions and Procedures
• Pricing decisions are affected by a number of factors:
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Production Facilities:
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Ability to Keep Track of Costs:
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Copyright Atomic Dog Publishing, 2008
Environmental-Related Challenges and Pricing Decisions: The Competitive Environment
• Involves selling products below cost to get rid of excess inventory or to undermine competition. In other examples, a foreign company may impose high prices on the products it sells in the home market, where it has a monopoly status as a result of import barriers; the company can then use those high profits to sell at much lower prices in foreign markets in order to build market share and drive out competitors.
• Competition: