Enterprise glossary and term center
Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.
- Enterprise terms
- What is pricing and its importance?
Pricing - What is pricing and its importance?
Pricing is an important decision making aspect after the product is manufactured. ... Price determines the future of the product, acceptability of the product to the customers and return and profitability from the product. It is a tool of competition.