Arrange them in the correct sequence. i. Pricing objectives ii. Pricing methods iii. Pricing strategies iv. Pricing decisions
A
i,iii,ii,iv
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
i,iv,iii,iii
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
ii,i,iv,iii
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
iv,ii,iii,i
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is Ci,iii,ii,iv
Pricing objectives- In this step, the marketer decides the main objective of the company i.e to increase the profit or increase the sales and customer base.
Pricing strategies- The pricing strategy and pricing tactics are decided and listed.
Pricing methods- According to the objective of the company, the main pricing method is selected.
Pricing decisions- The final pricing decision is made by the company after deciding the objectives, strategies and methods.