The first step when planning pricing policies for a good or service is to develop _____. A. demand curves B. competitive effects C. profit objectives D. variable cost objectives E. pricing objectives

The first step when planning pricing policies for a good or service is to develop pricing objectives.
Pricing objectives are the goals that guide your business is a setting of the product cost or service cost to your valuable customers.
examples of pricing objectives include maximizing profits, increasing sales volume, matching competitors' prices, deterring competitors.
Some commonly used pricing objective are:
increase monetary sales.
increase market share.
survival
avoid government investigation or intervention.

The first step when planning pricing policies for a good or service is to develop​ _____. A. demand curves B. competitive effects C. profit objectives D. variable cost objectives E. pricing objectives