The pricing model in the text has six distinct steps in the pricing process. In the sixth or last step a firm would:
A)scan competitors for price lines for similar products or services.
B)set list or quoted price.
C)select an approximate price level.
D)make special adjustments to the list or quoted price.

Question

Quizplus · Accepted Answer

In the final step of the pricing process, firms often make special adjustments to the list or quoted price. This can include discounts, allowances, or other changes to meet specific conditions or customer needs.

The Pricing Model in the Text Has Six Distinct Steps