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Facilitate the growth of the business

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Increase the price of a product might hurt consumers. However, in many situations, marketers have no control over the situations but to proceed with the decision order to sustain in the business and maintain profitability. Careful analyses need to be made on each and every situation so that a proper amount of raise is justifiable and minimize the impact on customers' purchase as well as improve the sales and facilitate the growth of the business. Discuss in detail, any FIVE (5) situations mentioned above and support your discussion with relevant examples.

Reference no: EM132833792

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