Question: Why should pricing objectives be explicitly stated? Question 8 options: They have a direct effect on pricing policies and the methods used to set the

Why should pricing objectives be explicitly stated?
Question 8 options:
They have a direct effect on pricing policies and the methods used to set the price.
Explicitly stating these objectives provides direction for company-level objectives.
Explicitly stating objectives provides legal protection for the firm.
Most state laws require explicitly stating legal objectives.
Firms should always choose profit-oriented pricing objectives.

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