When a small business owner does not want to make a pricing decision, he can use a suggested retail pricing strategy.

Name: When a small business owner does not want to make a pricing decision, he can use a suggested retail pricing strategy.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Suggested retail pricing strategy involves using manufacturer or supplier suggested prices to determine the retail price. Therefore, the small business owner does not have to make a pricing decision.

When a Small Business Owner Does Not Want to Make