Marketing Series: Hospitality & TourismChapter 11:
Pricing ProductsChapter Objectives
Explain the concept of price. |
| | | Identify typical pricing strategies. |
| | | Describe how hospitality and tourism businesses use discounting. |
| | | Describe the concept of supply and demand. |
| | | Explain elasticity of demand. |
| | | Explain how the product life cycle affects price. |
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