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Value-based pricing-cost-based pricing

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What are the internal and external factors that you must consider while setting up a price? Discuss. When you evaluate the three major pricing strategies (namely, value-based pricing, cost-based pricing, and competition-based pricing) you will see that each has strengths and weaknesses. However, according to your assessment, which one do you think is the strongest? Discuss and explain why.

Reference no: EM132269317

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