Question: Why is pricing important for small businesses? (13 marks) Explain 5 different pricing strategies for small businesses and give examples on each. (20 marks) like

Why is pricing important for small businesses? (13 marks)

Explain 5 different pricing strategies for small businesses and give examples on each. (20 marks) like 1- list price 2- cost-oriented pricing 3- skimming price 4- price flexibility :one price - flexible price 5- suggested retail price 6- meet the competition 7- leader pricing 8- prestige pricing

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