A product cannot help an organization to achieve its goals if it is priced incorrectly.

Question

Quizplus · Accepted Answer

Pricing of a product is a critical factor in achieving organizational goals such as revenue, market share, and profitability. Incorrect pricing can lead to revenue loss, reduced market share, and decreased profitability, ultimately hindering the achievement of organizational goals. Therefore, pricing is an important consideration for any product or service.

A Product Cannot Help an Organization to Achieve Its Goals