Recommend appropriate pricing and non-pricing strategies for goods or services based on the projected economy's stage in the business cycle and the prevailing projected economic conditions for one or more macroeconomic factors. Explain the evidence that supports these recommendations.

Also address the following elements: Describe the current global economic conditions and their effect on local macroeconomic indicators for good or service. Describe the local economy's stage in the business cycle. Describe how current credit market conditions affect the planning or operating decision for the good or service.

Answer rating: 100% (QA)

When the competition in the market is high customers will always go for the business that offers the best customer service and normal price for their ... View the full answer