Which of the following is not a factor affecting price determination?

Option 1 -> Order processing is a logistics and fulfillment function that deals with handling customer orders, not a strategic factor in determining prices.

Option 2 -> Marketing methods used directly influence pricing strategies, as premium marketing requires different pricing than mass marketing approaches.

Option 3 -> Pricing objectives (like profit maximization, market penetration, or survival) are fundamental factors that directly guide price determination decisions.

Option 4 -> Government and legal regulations affect pricing through price controls, taxes, trade policies, and other regulatory requirements that businesses must consider.

Hence, Option 1: Order processing -> Order processing is an operational activity concerned with receiving, handling, and fulfilling customer orders. It is part of the logistics and distribution function, not a strategic factor that influences how prices are determined. While it has associated costs, it doesn't directly affect pricing decisions like the other factors listed -> correct