Pricing management in the construction industry
Pages 125-129
The essences of management influence the pricing process in the construction industry. The balance in the market of construction products, both in terms of supply and demand, is the objective of this influence. Construction organizations are ready to reduce prices for their products. However they must be confident that their products will generate profits on the ongoing basis. Authorities responsible for pricing management must help construction organizations to identify their reserves and excessive production expenses to help these companies to cut their prices. These efforts will reduce the inflation to the level needed to resolve the problem of affordable prices for building products. The Russian economy must be based on innovative grounds. Control over the economic concentration is an effective action. It’s used to prevent monopolization in the construction market.
DOI: 10.22227/1997-0935.2013.9.125-129
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