Mon, 30 Nov -0001 00:00:00 +0000 By Sycorax Tiyesa Ndhlovu Many ways of creating jobs exist. Promoting sound industrial base through increased extraction, manufacturing and service sectors can create more jobs for citizens. But some pricing methods can also contribute to more job creation. However, how most Zambian businesses price their goods and services retard economic development and job creation while increasing poverty levels in our society. Nowadays in Zambia, few businesses realise less than 100 per cent profit on one consignment of goods ordered. Most small and medium scale entrepreneurs want 100 to 150 per cent profit on goods purchased for re-sale. Hardly do most business managers appreciate that, often, relatively low pricing can attract not only increased customer flow to a business and high sales values but can also raise profits from the same consignment of goods within a short time. Everything being equal, such a situation can further facilitate business […]
