As most prices are set when the product leaves the factory,good or bad economic news does not affect a firm's marketing activities

Name: As most prices are set when the product leaves the factory,good or bad economic news does not affect a firm's marketing activities
Brand: Quizplus
Rating: 4.8 (50 reviews)

Question

Quizplus · Accepted Answer

Good or bad economic news can affect consumer confidence and spending, which in turn can lead firms to adjust their marketing strategies, pricing, and promotional activities to better align with current market conditions.

As Most Prices Are Set When the Product Leaves the Factory,good