If a firm decides to stop its sales agents from pricing too aggressively to make sales by requiring the agent to obtain permission to reduce price below a specific threshold,and the manager has all the relevant information transferred to him by the firm,the solution would

Question

​If a firm decides to stop its sales agents from pricing too aggressively to make sales by requiring the agent to obtain permission to reduce price below a specific threshold,and the manager has all the relevant information transferred to him by the firm,the solution would

Quizplus · Accepted Answer

This solution would work as it allows the firm to maintain control over pricing and ensure that price reductions are strategic and aligned with the firm's goals. By having agents obtain permission to reduce prices below a specific threshold, the firm can prevent aggressive pricing tactics that may negatively impact profitability. Additionally, having all relevant information transferred to the manager allows for greater oversight and analysis of pricing strategies, which can lead to better-informed decision-making.

​If a Firm Decides to Stop Its Sales Agents from Pricing

If a Firm Decides to Stop Its Sales Agents from Pricing