What is 'high price' in SAP FIN-FSCM-TRM-TM - Transaction Manager?

high price - Overview

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: The day's highest valuation of a security that has changed ownership between a buyer and a seller.

high price - Details

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  Key Concepts: 
  High price is a term used in SAP Transaction Manager (FIN-FSCM-TRM-TM). It is a pricing strategy used to maximize profits by setting prices higher than the market rate. This strategy is used when the demand for a product or service is high and the supply is limited. 
  
  How to use it: 
  In SAP Transaction Manager, high price can be set by creating a pricing strategy. This involves setting the price of a product or service higher than the market rate. The pricing strategy should be based on the demand and supply of the product or service. 
  
  Tips & Tricks: 
  When setting a high price, it is important to consider the customer’s willingness to pay. If the price is too high, customers may not be willing to purchase the product or service. It is also important to consider competitors’ prices and adjust accordingly. 
  
  Related Information: 
  For more information on pricing strategies in SAP Transaction Manager, please refer to the official SAP documentation. Additionally, there are many online resources available that provide tips and tricks for setting prices in SAP Transaction Manager.