Determine Global economy caused or is causing price fluctuation
Business Management
Q1. Economic conditions can have major impact on pricing decisions. The recent recession has caused consumers to rethink the price-value equation. Marketers have responded by increasing their emphasis on value-for-the money pricing strategies.
True / False
Q2. Give one example of Elucidate how the US economy or GLOBAL economy caused or is causing price fluctuation, also/or marketing strategy changes on a Product or Service. Describe Illustrate the company did.
Q3. Market-skimming pricing is set up specifically for old declining products also services. True / False
