Q: 40000 per 100 unit of reagent. Estimate the price per unit by following pricing method; 1. Cost plus…
A: Cost-plus pricing refers to a pricing strategy wherein a certain markup is added to the cost of the…
Q: Legal and Ethical Issues on Pricing Policies & Practices 1.Select a current legal and ethical…
A: Since you have posted more than one question we will solve the first three interlinked questions for…
Q: What are different factors that should be considered by marketers before deciding price of the…
A: The price a business charges needs to take account of, and be consistent with, the objectives of the…
Q: DDK is a high-technology firm. It has developed a new component that offers superior advantages over…
A: Value-based pricing is a technique of setting a differentiated price of a product based on target…
Q: Legal and Ethical Issues on Pricing Policies & Practices 1.Select a current legal and ethical issue…
A: Since you have posted more than one question we will solve the first three interlinked questions for…
Q: A good pricing strategy is an important factor in staying competitive in the fast-food industry.…
A: Introduction: Price is a marketer's analyzed value which they thought a consumer can pay for that…
Q: Rob is opening a carpet cleaning business – a highly competitive business with several existing…
A: Pricing strategy is employed for deciding what price would best suit their product type by…
Q: explain Aquafina pricing strategy with yours
A: Pricing Strategy means the strategies that the organisation considers to choose the prices for…
Q: Can you tell me more about Buyer-oriented pricing strategy?
A: A buyer-oriented pricing strategy is a sort of pricing strategy in which prices are determined…
Q: What then is the product’s pricing based on, if not costs? Present the product’s pricing and what…
A: Product pricing refers to the process in which the organization sets the price of the product…
Q: How does value pricing strategy affect the company's performance and how they benefit from this?
A: The pricing strategy to be used for marking the price of a product is not an easy decision for a…
Q: Describe the basic market forces that are relevant to pricing and decision-making for companies.…
A: Pricing is an important parameter which governs the purchase decisions of the customers. Pricing…
Q: What are the four methods used in by-product costing, and how do they differ? Which is the…
A: As we all know that “by-products” is generally used to denote one or more products of relatively…
Q: hink of the various pricing methods - mark-up pricing, target-return pricing, perceived value…
A: The going rate pricing will be most appropriate from the consumer's point. In this pricing method,…
Q: The Apple iPad with WiFi connectivity is offered with 16 GB of storage at $499, with 32 GB of…
A: a. The latter has twice as much mass storage as the former, allowing you to store twice as much…
Q: Tell about pricing. More precisely, write what the companies should take into account when doing…
A: Pricing is the process of setting or deciding the price of a particular product. Pricing is the…
Q: Why is it important to determine pricing objectives before pricing goods and services?
A: Organization priced their products based on their motives. If the organization wants to generate…
Q: A company has two products. One is moderately priced and has fewer number of competitors. The other…
A: Pricing refers to setting a price for a product or service at which it will be sold in the market…
Q: In one question Explain the pricing factor of competitive pricing why does what the competitor…
A: The process of evaluating strategic price points to best take advantage of a product or…
Q: Look up the following site to evaluate restaurants’ pricing strategies based on reviewers’…
A: Price is more of a psychological concept where it acts as a perceived value in the eyes of the…
Q: What profit-based pricing approach should a manager use if he or she wants to renect the percentage…
A: Pricing is the process by which a company determines the price at which it will sell its products…
Q: Create a poem that contains the information about the factors affecting pricing decisions
A: PRICING DECISION:The decision that has to taken by the company to sell the product or service at…
Q: Maya is setting prices for her home remodeling business. Over the course of the year, there are…
A: A business is an organization or enterprise that is engaged in professional, commercial, or…
Q: According to the Hanson Production: Pricing for Opening Day Case Study by Peter Famiglietti, What…
A: The president of production at Hanson Productions, an off-Broadway production company, was faced…
Q: Briefly explain what assessments a business manager must take in connection with pricing of…
A: Pricing is how a company determines the price at which a product or service is sold and is often the…
Q: Identify and define the other important external and internal factors affecting a firm’s pricing…
A: Price is the element of 4Ps or Marketing Mix. The component of marketing mix is used to generate…
Q: what is price point and can you give an example?
A: Pricing is one of the important jobs which has to be done properly by the companies. It is because…
Q: CASE: Cheese manufacturing results in a concomitant, called brine (water+ salt). Instead of throwing…
A: Product Mix: The product mix is one, out of the four components of the marketing mix strategy. This…
Q: With reference to the risk you mentioned in Q.4, what is your suggested action(s) for Sushiro?…
A: Risk Management : Risk management refers to the process of finding, analyzing and controlling the…
Q: Why does a real-time pricing schedule help the environment? Give two reasons
A: The benefits of Real-time pricing schedule to the environment are explained below in the following…
Q: Explain a scenario, how software pricing will be affected based on 3 different factors
A: We can consider a scenario where a newly developed software is being launched in a competitive…
Q: The airline industry alters the price of its seats based on the type of seat, the number of seats…
A: Dynamic estimating (or dynamic value segregation) is widely concentrated in the aircraft business…
Q: 10. ____________________ shows the design of your product/service; pricing, where you will sell and…
A: Branding is way of recognising a product of a company by the label, name, logo etc. it…
Q: In starting to set a final price:List two pricing objectives and three pricing constraints.2 Think…
A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…
Q: Define the term flexible pricing?
A: Price is the monetary worth fixed by the company on the manufacturing services produced by it. It is…
Q: Explain the unethical issues of Marketing in Pricing (Price Gouging and Price…
A: The unethical issues of Marketing in Pricing are:
Q: How will the buyer and seller relationship exist or maintain?
A: A transactional orientation of marketing refers to a marketing approach in which the marketers are…
Q: For the following scenarios, suggest a pricing strategy and justify why that strategy is most…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
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: What principle should guide decisions about what price to charge relative to those of competitors?
A: Pricing can be explained as technique through which the producer will be able to determine the value…
Q: Mrs. Johnson, the owner of a small manufacturing business has patented a new device for kitchen…
A: Given Information: Variable cost (V.C.) = $ 8 per unit Fixed Cost (F.C.) = $ 60,000 per year A) The…
Q: Could Lululemon have achieved the same level of suc- cess had it executed an alternative pricing…
A: Pricing strategy is a way how companies price their product and services . An effective…
Q: Evaluate the likely impact on the finances of a business of using a pricing strategy such as that…
A: Management of the financial resources of an organization is an important part of the organization.…
Q: Over the past year, you and your friend have decided to embark on a new business venture, you have…
A: 5 aspects that might be needed to consider when developing a price of your new offering: 1. Cost -…
- List and explain four key influencers on pricing decisions .
- A new customer ABC Ltd, wants to buy 500 units of your product, but is only prepared to pay RM4 per clock. This will not cover the total cost of making the product, but it will cover the variable costs – anything over RM3 makes a Provide and discuss three factors that you would take into account when deciding whether or not to take the order.
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- Being at the premium end is a category upon itself.Describe the indicators of premiumness or high quality andhigh price that can apply to most types of products.identified risks and purpose solution for each Price competitiveness risk of Lazada using Plan-Do-Check-Act cycle.When making and evaluating pricing decision, managers must consider many factors, some of those factors related to external market and other related to internal constraints. What are these factors? (Minimum 3 factors)
- What is the difference of price and cost? From (a) point of view of a customer; and (b) point of view of the manufacturer. Provide a concrete example for each.What is the amount of the difference between the variable costing and absorption costing net operatingincomes? What is the cause of this difference?What are the major price implications of the PIMS studies?Suggest possible explanations for the relationships the PIMSstudies reveal.
- Illustrate a simple price strategy for a retail sports company for one of its products using at least 2 common pricing objectives and pricing strategies. Give reasons for your suggestions and why you think this is the best recommendation for a retail organisation.Fancy Fashions sells jeans for $59 and sweaters for $39, To increase sales of jeans and sweaters, Fancy Fashions promotes this Product Price Bundle: "Buy a pair of jeans and a sweater for $98'. Will this Product Price Bundle will work well to increase the sales of jeans and sweaters? Explain your answer in no more than 2 bullet points.PRICING STRATEGY 1. How do sellers will give satisfaction to buyers? 2. What will be the buyers can give to sellers in return? 3. How will the buyer and seller relationship exist or maintain?
- Holiday Inn is a travel agent and they are offering OMR 450 for complete tour cost to Malaysia. This includes; flight ticket, hotel, and taxi services. What kind of pricing is this? O a. Penetrating pricing b. Product bundle pricing O c. Discount pricing O d. All of the aboveDDK is a high-technology firm. It has developed a new component that offers superior advantages over competing products. This component can be used in a high-speed production system in all factories. With durable composition, it has a useful life of ten months versus four months for competing products. The component will offer users a significant improvement in production efficiency. 1. Identify the FIVE steps of value-based approach for pricing. Explain EACH step with an example based on the case above.Hongxing has developed a popular self-hypnosis course. She sells the course two ways: through a well advertised company website for a price of $150 and at an e- Bay storefront for $100. Her cost of producing and selling the courses depends only on the total number of courses she sells. Using one or more diagrams, explain Hongxing's pricing strategy. Be sure to cover (a) how Hongxing will decide the price and quantity to sell through each store, (b) what conditions must be met for Hongxing's pricing strategy to work, and (c) whether it is reasonable to assume these conditions are met in this example.
