Question: MGT-201: Marketing Management Pricing practices are basically rules that marketers should follow when setting prices. Some of these, like legal requirements, restrict marketers freedom of

MGT-201: Marketing Management

Pricing practices are basically rules that marketers should follow when setting prices. Some of these, like legal requirements, restrict marketers freedom of action. Others, like global pricing, allow marketers to maximize the effectiveness of their pricing strategies across national borders. Discuss pricing practices.

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