Multiple choice

Which of the following External Factors that does NOT influence the Product Pricing decisions?

  1. Product Demand & Competition

  2. Product Life-cycle

  3. Economic condition

  4. Government Regulation

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

External factors influencing pricing include product demand, competition, economic conditions, and government regulations. Product Life-cycle is an internal product characteristic, not an external market factor. The life-cycle stages are determined by the product's own performance and timeline.