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Explain how to price managerial and professional jobs.
Step by step
Solved in 3 steps
- How is market pricing calculated using salary data?Do you think job costing has any downside? Justify your answer.Be prepared to discuss the following, supporting your arguments with biblical principles that apply: How to set prices that are just and fair that allow firms to pay employees well, but still make a profit. How to advertise and promote one’s product/service in a way that truly represents the value/performance of the product/service.
- Discuss the different types of price discrimination and how they help the firm increase their profits?Explain a banking account offering to a young adult who has just started their first job? Explain a banking account offering to a married couple in their mid-thirties investigating different options:Explain the term Profit-sharing.