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Explain the way pricing strategy changes

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Discussion  1. A free-market national economy is experiencing a recession with no apparent end in sight. Determine what two pricing objectives you would recommend for producers of goods and services in the country. Explain why you would recommend these two pricing objectives.

Discussion  2. Explain the way pricing strategy changes over the course of the four stages of the product (category) life cycle: introduction, growth, maturity, and decline. Provide reasoning to support your answer.

Discussion  3. Identify three internal and three external factors influencing the setting of prices. Discuss how each of these factors influences the price of a service.

Reference no: EM133165365

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