Tag «price setting mechanism»

Impact of Foreign Currency Change in Setting Price with Example of Bestway Cement

Impact of Foreign Currency Change in Setting Price with Example of Bestway Cement

Price Setting Mechanism Market information is gathered by marketers on a daily basis from ongoing projects, retail shops, cement plants, and other sales representatives. After having a detailed assessment, knowing the competitors, brand position, local home market, and future prospects a proposal is made and sent to line managers. The line managers compare it with …

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