Selling for Maximum Profit: Wind-Powered Electrical Windmills
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A company has just finished and finalized the development of a new line of wind-powered electrical generating machines (windmills). The company is faced with the decision of determining the best way to sell the windmills to make the maximum profit.
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Solution Summary
Solution explains the best way to sell the windmills and make maximum profit.
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The best way in determining the best way to sell the windmills to make the maximum profit is to define the pricing strategy of the company. Pricing the windmills is probably the most important strategic determinant as it is related to the positioning of the windmills in the market. Pricing will also affect how the ...
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