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Pricing is a problem in four general types of situations:
1) When the firm develops or introduces a new product and it is fix the price of the product for the first time.
2) When circumstances so develop that lead the firm to consider initiating a price change.
3) When company produces several products that have interrelated demands and costs.
4) When the company produces several products that have price change.
Product life cycle Every product has a life cycle. The life cycle of a product vary from months to various years. For example in the case of cameras photocopying machines etc.
EMERALD LTD is planning an expansion programme,which will require Rs 30 crores & can be funded through one of the following 1.issue further equity share of Rs 100 each at par.
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The production department has been investigating possible ways to trim total production costs. One possibility currently being examined is to make the paint cans instead of purchas
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