Directions: Create a pricing scheme of certain product. Search for a product you think that the price is not reasonable. Create your own price scheme in able to meet the expectation of the buyer and able to meet also the good customer relationship

Q: Which criterion for the following objective is not met? Acme Global will increase sales by 20%.   A.…

A: The company A.G. is a management consulting, strategy consulting, and value-added business that is…

Q: What is the difference between pricing strategy and pricing structure? Does pricing structure…

A: In Marketing Pricing is one of the determinant factors of marketing mix which is used cautiously by…

Q: A manufacturer using ________ is setting a high price so that quality-or status-conscious consumers…

A: There are various price strategies that are used by the different corporations according to their…

Q: Which of the following statements is NOT true about the product life cycle?Single choice.     a. In…

A: The product life cycle refers to a concept which studies the different stages which a product…

Q: write a paragraph on why mcdonald’s prices are better than wendy’s

A: McDonald's is the king of fast foods Market. It has a long history and one of the America's…

Q: What the price of a single edition would likely be in (The new book, The secrets of the world of…

A: The price of single edition would likely  be  in The new Book,. The secret of the world of fungi was…

Q: Marketers may choose from various pricing strategies when selling a product or service.   a)…

A: Price refers to the value of a product or service. Price is determined in different ways, depending…

Q: 40 Value-based pricing is the reverse process of ________. Select one: a. good-value pricing b.…

A: Cost-based pricing is a pricing method that is based on the cost of production, manufacturing, and…

Q: In pricing models, elasticity of demand is an input which specifies the: A. range of demand B.…

A: The price flexibility of demand is the best approach to quantify the responsiveness of your…

Q: What do you think are the advantages and disadvantages of discounts in the following: a. Buyers b.…

A: Hearing discount sale has been always a cherishing moment for all. However, the discounts have its…

Q: Visit the website of Alfamart and Indomaret. Make a list of price comparisons for the same brands…

A: The given two companies, Alfamart which is an Indonesian convenience store chain and Indomaret which…

Q: The packaging provides the consumer a certain more percentage (for example, an additional 10%) of…

A: The packaging is an important part of the marketing mix. The designing of the product is done after…

Q: Kindly state and analyze the pricing strategy of stree foods and how being used or the probable…

A: Price is more of a psychological concept where it acts as a perceived value in the eyes of the…

Q: Manufacturers or wholesalers who seek to control the retail prices of their goods and services is…

A: Price fixing is an agreement between different market participant to collectively make decision…

Q: Explain with the use of examples, the various product mix pricing strategies which a firm may…

A: The vast majority of products are part of a larger product mix. As a result, they must be priced…

Q: As a CEO of an airline company what pricing strategy would you employ for high season and low season…

A: Pricing strategy depends upon the contextual events in which flights operate

Q: 1. The CEO of a large company selling seeds and garden supplies to consumers and businesses through…

A: Ans. Pricing of the product is one of the maximum critical components of advertising blend in which…

Q: Pricing has objective and subjective constraints when Marketing Managers must set a value based for…

A: It is important for marketing managers to have a correct pricing strategy based on the situation on…

Q: 15- The retailer who sets prices below its costs to drive competitive retailers out of business is…

A: Predatory pricing: Predatory pricing refers to the low pricing of products set by one retail…

Q: Assume Netflix applies different pricing for corporate buyers than for individuals, even if the…

A: According to above given situation Netflix uses third degree price discrimination  Third degree…

Q: xplain Porter’s five forces model for H&M, a key brand in the fashion industry. Note: need every…

A: The said framework, archangel porter's 5 business Analysis, would be a method implementation product…

Q: If you were planning on creating an online financial brokerage service, how would you approach…

A: Here are some fundamental stages for beginning our own business establishment.  Ascertain Expenses.…

Q: There are probably 20 or more brands of laundry detergent in the grocery store in the Philippines.…

A: Brand image can be referred to as the idea that consumers build for a particular brand over a period…

Q: A business  wants to capture market share in a short period of time priced its services at a…

A: A pricing strategy is a model or strategy used to build up the best price for an item or service. It…

Q: n pricing a product cost work as a floor and customer perception of the value of a products works as…

A: value-based pricing can be defined as  a strategy for pricing goods or services that adjusts the…

Q: What is the main reason for establishing pricing objectives? a. to give direction for price…

A: Option A

Q: What is the opportunity for a lorry rental company? What is the Product Overview for a lorry rental…

A: In rental lorry company business is that running the transport system in the national for moving the…

Q: Create a pricing scheme of certain product. Search for a product you think that the price is not…

A: PRICING SCHEME: It is used to set a range of different prices for a product other than the default…

Q: providing healthy food lunch boxes to school children what do you suggest about their  product…

A: The marketing mix is the planning done by the company to carry out the various functionalities and…

Q: 3 current brands and key models of mobile phones. For each identified brand and model, determine…

A: Three famous brands of mobile are Samsung apple and real me. The details are discussed as follows-…

Q: Let's choose a product, then analyze PRODUCT COMPENENTS (everything customers think about before…

A: Pricing strategy is the process to set prices for different products and services that will help to…

Q: 38.Which of the following is not a valid reason for using trade discounts as adjustment to list…

A: Trade discounts are normally offered to encourage higher volume of purchases with discounts. Hence,…

Q: Why does a box of mac n cheese cost significantly less than an electric scooter? Explain. Why do you…

A: Every business organization's goal is to create products and services that meet the needs and…

Q: The first Target store opened in 1962. Its initial strategy was to set prices low to attract a large…

A: There are different types of pricing strategies and according to different business suitability they…

Q: How does the profit of a business firm behave during the product life cycle? “Knowledge of the…

A: The product life cycle can refer to how a product goes through when introduced to consumers in the…

Q: Which of the following types of construction project is most likely to use a unit price contract?…

A: IN UNIT PRICE TYOPE OF CONTRACT, THE TOTAL CONTRACT PRICE IS ARRIVED AT BY ADDING ALL THE INDIVIDUAL…

Q: In pricing a product cost works as a floor and customer perception of the value of a product works…

A: In pricing a product cost works as a floor and customer perception of the value of a product works…

Q: Do you think the Newyorker's pricing strategy will work for a certain products here in the…

A: Pricing strategy for each of the company must be different. The reason for this is because the…

Q: Critics charge that the American marketing system causes higher prices due to all of the following…

A: The answer is b. High shipping costs for the product to be delivered.

Q: Product line pricing refers to setting a price for by-products in order to make the main product’s…

A: Yes, Its True!   By-product pricing refers to setting a price for by-products to make the main…

Q: What is meant by pricing? Describe any three strategies that can be done by firms if they do not…

A: Pricing is the process through which a business organization sets a price for its product or…

Q: Explain the unethical issues of Marketing in Pricing (Price Gouging and Price…

A: The unethical issues of Marketing in Pricing are:

Q: Changes to service differentiation include all of the following EXCEPT ________...   a. increased…

A: The answer is "c. increased services at department stores."

Q: Assume you are an entrepreneur of a new home technology product, how you can set your pricing…

A: A pricing policy is indeed a consistent response to a formal inquiry. A systematic approach to…

Q: Under this part, the Unique value proposition of the marketing program must be stated. Which is it?…

A: A business's value proposition is a promise made by a business to its buyers or target group. The…

Q: Sales of a particular product for the years 2017 through 2020 have been 43,466, 63,848, 51,112 and…

A: Solution- Weighted Average - The weighted average is a computation that accounts for the relative…

Q: The target market generally determines the menu pricing strategies. mention the factors that a…

A: The process of estimating the price at which businesses want to offer different foods at their…

Q: Which criterion for the following objective is not met? Acme Global will sell 50% more widgets and…

A: In this given scenario Acme global has not clearly defined the objective because two targeted…

Q: Considering the situation of potential firms making agreements with incumbents within the framework…

A: The market entry framework is a methodology that evaluates growth possibilities, capabilities, and…

Q: Suppose mr. raahim want to start a business in his local community. Now Briefly explain mr.…

A: Minimal viable product focus on avoiding unnecessary and lengthy work. It have enough features to…