1. What was the focus of your product in assessment 1? (1 mark)2. What internal and external factors will influence your pricing strategy?Choose one of each and explain the impact. (3 marks)3. What techniques would you use to determine the price of your

| February 14, 2018

1. What was the focus of your product in assessment 1? (1 mark)2. What internal and external factors will influence your pricing strategy?Choose one of each and explain the impact. (3 marks)3. What techniques would you use to determine the price of your product?Provide two (2) suggestions. (4 marks)4. What short term pricing strategy would you employ to attract customers?Choose one and explain why. (3 marks)5. What payment term options will you provide to your customers? Explainy …

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