292 - The End of the Billable Hour - With Tim Williams
The Futur with Chris Do
Ethical considerations in pricing strategy
Determining price involves the cost to produce and market value difference. The ethical dilemma arises when the cost is significantly lower than the market value. However, in business, this is considered a common sense practice rather than an ethical concern. Pricing strategies aim at balancing risk and reward through a diversified pricing portfolio, which includes high, medium, and low-risk pricing models to ensure fair compensation for efforts.
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