Question: Which pricing objectives are profit-oriented, and which objectives are sales-oriented? What factors do organizations consider when making pricing decisions? Explain the difference between a penetration

Which pricing objectives are profit-oriented, and which objectives are sales-oriented?

What factors do organizations consider when making pricing decisions? Explain the difference between a penetration and skimming pricing strategy.

Illustrate your answer with at least ONE (1) real-life example, preferably from the Philippines.

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