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- 1. As an entrepreneur, one of the most significant and strategic decisions you will ever make during the life cycle of your new venture will be one of selecting your pricing approach and setting your initial price. Few decisions have such wide-ranging implications for the success of the venture, especially as this decision directly impacts every area of the business, such as customer acquisition, the break-even point, and profitability. Research several newly emerging start-ups that are focused on product-based offerings for the consumer sector that you find interesting. Select one and in a two-page paper using the principles from the text, identify, assess, outline, and analyze the totality of the pricing models, pricing strategies, and pricing decisions. Also include whether you agree with each and be sure to explain your answer (if you do not agree, indicate what changes would you make).For ENTR550, Entrepreneurial Marketing at Keller School of ManagementAPA format, include…1.Define Demand and Supply. 2.What is the importance of Demand and Supply to the Entrepreneur? 3.What is pricing strategy? Discuss and give a situational example. 4.What pricing strategy is the best suitable for your practice venture? Explain 5.Discuss the types of financial statements.The Small-A Corporation is currently competing with a first mover which owns 90% of the market share. An aggressivemarketing strategy is expected to entice 10% of the competitor’s market share to shift to Small-A every month while theremaining 90% will not. As a new firm, Small-A expects 30% of his market share to shift back to the competitor everymonth. a. What would Small-A’s market share be after one month?b. What would the competitor’s share be after one month?c. What would Small-A’s market share be after two months?d. What would the competitor’s share be after two months?
- “The share price of PUBG Bhd. increased 10% right after the company declared the highest dividend payment in its history. PUBG Bhd. did not increase its dividend payout ratio, the highest dividend payment was declared due to the better expectation on its future profitability.” Discuss ONE (1) dividend theory that supports the above statement.1. Suppose you are an entrepreneurial company engaged in the manufacture of smart phones. What pricing strategy would you adapt that you believe would best serve your objective? Explain. 2. What department/unit in an enterprise (ex. operations, finance etc.) is the most difficult to manage? Support your claim.SWOT analysis of the stock NEM (Newmont CorporationGold mining company)
- A company that pursues and achieves strategic objectives: Answer C) is frequently in a better position to improve its future financial performance because of the increased competitiveness that flows from the achievement of strategic objectives. D) is likely to be a weak financial performer because diverting resources to the pursuit of strategic objectives takes away from the achievement of financial performance targets. B) is generally not strongly focused on its true mission of making a profit. A) is likely to weaken the achievement of its short-term and long-term financial objectives.1. Which of the Porter's Generic Strategies is most suitable for a company that manufactures bearings? How will the chosen strategy support the business of the company? producing electricWhen a stock Insurance company issues both participating and nonperlepaling polices, the txitiplay & dding Idnes Cha(n); ΟΛ mixed plan alternative plan purchase plan exception plan -B. O C OD.
- Within the BCG matrix, products that earn the dog label have limited market potential for the firm and also only hold a small relative market share. Products identified as dogs within this framework are typicallyobvious candidates for divestment, but are there anycases where doing so would not be wise for an organization? That is, why would a firm want to hold onto a dog?1. Explain how functional strategies can support an organization's corporate strategy. 2. Explain the new real-options approach used in conditions of high environmental uncertainty. 3. What are the reasons for strategic planners to pay more attention to the importance of planning and implementing an effective pricing strategy in a competitive market?a Company A and Company B are identical except that Company A's costs are mostly variable, whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profit? Explain.