Asked by Zahra Alasiri on Jun 05, 2024
Verified
Pricing decisions based only on revenue considerations often result in
A) a decrease in overall profitability.
B) an increase in overall profitability.
C) a decrease in overall revenue.
D) a decrease in supply chain revenue.
Pricing Decisions
The process of determining the selling price of goods or services, taking into account factors like cost, demand, and competition.
Revenue Considerations
Factors affecting the income generated from sales of goods or services in a business.
Profitability
The financial metric that measures the degree to which a company or business activity generates profit compared to its revenue or costs.
- Comprehend the significance of pricing and promotional activities in determining demand.
- Understand the impact of supply chain decisions on overall profitability and efficiency.
Verified Answer
Learning Objectives
- Comprehend the significance of pricing and promotional activities in determining demand.
- Understand the impact of supply chain decisions on overall profitability and efficiency.
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