SETTING THE PRICE OF A SERVICE
AHS 7645 week 5 discussion
Week 5 Discussion
Assume you have the responsibility for setting the fee to be charged to clients for a new service being offered. After computing a fee that will cover the costs of the program, you realize most people who will seek the service will not be able to afford the fee. What do you do?
Answer preview
Setting the Price of a Service
If I have the responsibility to set a fee that will be charged to customers in exchange for a new service, it is important to ensure that all expenses are covered so that the company generates profit. However, customers may not be in a position to afford the service fee. Therefore, to make sure that both the company and customers are satisfied…
(350 words)