Price should reflect the organization's ________.

Question

Quizplus · Accepted Answer

Price should reflect the organization's policy, vision, and strategy. The price should align with the organization's policy by adhering to any guidelines or rules set by the organization. It should also align with the organization's vision by offering a product or service that fits the organization's desired image. Finally, it should align with the organization's strategy by being set at a price point that supports the strategy, whether it be to gain market share, increase profit margins, or achieve some other objective.

Price Should Reflect the Organization's ________