Which of the following is not a factor affecting price determination?

Order processing

The correct answer is Option (1) → Order processing

Factors that affect price determination include:

• Marketing methods used → Distribution channels, promotion, etc. influence price.

• Pricing objectives → Such as survival, profit maximization, or market share.

• Government and legal regulations → Price controls, taxes, and legal restrictions affect pricing.

Order processing, however, relates to the logistics function (executing sales orders, shipping, delivery) and does not directly influence price determination.