Pay attention to pricing, M&A during economic downturn

09/9/2008 | Modern Distribution Management

Keeping a close eye on pricing during slow financial times can help increase profitability, a recent article from The McKinsey Quarterly says. Updating price sensitivity research and adjusting to customer needs can keep pricing on track. Executives also are encouraged to "invest in a downturn," as mergers and acquisitions can be a vehicle for creating value in uncertain economic times.

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