Which factor does not affect the pricing decision of a firm? Option 1: Product cost Option 2: Social strength of the company Option 3: Demand and utility Option 4: Market competition

The answer is 'Social strength of the company'. View full solution:

CUET Business Studies - Which factor does not affect the pricing decision of a firm? | PYQs + Solutions

CUET Business Studies 2026 12th May Shift 1

Business Studies

Easy

Product cost

Social strength of the company

Demand and utility

Market competition

✅ Correct Option: 2

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List-I (Marketing Terminology)	List-II (Explanation)
(A) Advertising	(I) Oral presentation of a message in the form of conversation with one or more prospective customers.
(B) Personal Selling	(II) A variety of programmes designed to promote or protect a company's image.
(C) Counselling	(III) An identified individual or company pays for it.
(D) Public Relations	(IV) Companies can build goodwill by contributing money and time to certain causes like the environment, wildlife, children's rights, education, etc.

Choose the correct answer from the options given below: