The process by which a firm decides how much to charge customers for its goods and services is
A)supply chain coordination.
B)forecasting.
C)sales and operations planning.
D)pricing.

Question

Quizplus · Accepted Answer

Pricing is the specific process by which a firm sets the monetary value for its products or services, taking into account factors such as production costs, competition, and customer demand. Therefore, option D is the correct answer. Supply chain coordination, forecasting, and sales and operations planning are all important aspects of business, but they are not directly related to the pricing decision.

The Process by Which a Firm Decides How Much to Charge