Communication in Professional Contexts

Added on -2020-02-18

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Running head: COMMUNICATION IN PROFESSIONAL CONTEXTSCommunication in Professional ContextsName of the studentName of the universityAuthor note
1COMMUNICATION IN PROFESSIONAL CONTEXTSExecutive summary The aim of this report is to discuss about the opinions of different authors and literatures todetermine the extent to which the change in price will impact the change in demand. It is beenconcluded that concluded that the influence of price in determining the demand is beingdepended on various factors. The critical analysis of the influence of pricing helped tounderstand that decreasing the price level will not help the organization in increasing the marketshare of the products.
2COMMUNICATION IN PROFESSIONAL CONTEXTSTable of ContentsIntroduction......................................................................................................................................3Critical analysis of price demand relationship.................................................................................3Influence of price in determining demand...................................................................................3Misconception regarding the pricing factor.................................................................................4Reduction in profitability.............................................................................................................5Exceptions to the price demand relationship...............................................................................5Conclusion.......................................................................................................................................6Reference.........................................................................................................................................7

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