Can you provide examples of suppliers or industries that are currently utilizing a price volume model, market share model, competition pricing model, and revenue pricing model?

Q: German discount supermarket chains with over 10,000 stores keeps costs low so that it can offer…

A: The question is related to Pricing the product.

Q: Why is it important to include a policy that outlines the origin and scope of purchasing authority?

A: Purchasing authority:Purchasing authority is the kind of people who plays the role to purchase…

Q: Explain the concept of “everyday low pricing” used by supermarket chain Puregold. Evaluate the…

A: The pricing of products in retail organizations is fixed based on many criteria. There are many…

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: Sellers pursue different strategies or approaches that affect the pricing of their products or…

A: Pricing strategies refer to the marketing strategy which is used to determine the prices of products…

Q: 1. If you are the wholesaler, how would you propose to use supply contracts to increase the profits…

A: Supply Chain Contract Supply Chain Contracts are agreement between buyer and supplier on issues like…

Q: Under what circumstances would manufacturers either set prices that try to maximize profits, or…

A: Pricing: It is the major factor when it comes to a global business that determines GDP growth,…

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: What happens if a supplier cannot meet a purchaser’s initial target price? How is this issue…

A: Supplier refers to the person or a vendor who is rendering either raw materials, products or any…

Q: How do air carriers price their services? Is the weight or density of the shipment a factor? Explain…

A: Airlines pricing depends upon its selection of the plane. Each plane has a different seating…

Q: An approach services use to set prices according to changing market conditions is known as

A: Price is the monetary value assigned to a good or service, and it is the outcome of a complicated…

Q: Under what environmental conditions are price wars likely to occur in an industry? What are the…

A: A fragmented industry consists of a large number of small or medium-sized companies, none of which…

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: Discuss the reasons why suppliers are sometimes reluctant to share price  information with buyers,…

A: Managers are responsible for overseeing the operation and other stages involved in the creation of a…

Q: Which of the following is NOT an industry characteristic impacting transportation and distribution…

A: We all know that in supply chain management, transportation and distribution planning and execution…

Q: Is it true or false that Rationalizing the supplier base would mean that the purchasing firm is…

A: We know that how important and prominent are suppliers for any firm or organization. So, let’s…

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: The most effective pricing strategy to use when there is a brand new product in the market?

A: Pricing strategy can be explained as technique which helps the company to price its products or…

Q: Discuss briefly the advantages and disadvantages of two traditional pricing methods used by the…

A: The goals of a hospitality operation, according to pricing theory, should be to optimise sales of…

Q: Supply chain management decisions drive most of the costs for every company, so marketers are…

A: The ways in which supply chain cost can be reduced are as follows: It costs money to keep inventory…

Q: Discuss the following briefly. 1. Pricing 2. Price 3. Payment 4. Costing 5. Cost

A: 1. Pricing : Pricing is defined as the process of creating value to the products and services…

Q: As a purchasing manager for a manufacturer of domestic appliances you are to source the door seal…

A: An individual and organization to whom the company gives the contract to purchase the raw materials,…

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: Discuss the advantages and disadvantages of an optimized supply base.  How can a buyer overcome the…

A: Supply Base Optimization:  Supply base advancement alludes to a system of managing a predetermined…

Q: Is it true or false that Forward vertical integration refers to a company acquiring one or more of…

A: Business organizations usually integrate into two different ways which are backward and forward.…

Q: Pricing that is adopted to influence the perception of the value of the product by comparing the…

A: Pricing: Pricing refers to setting a value for the product based on the required cost to manufacture…

Q: Discuss why suppliers are often hesitant to share cost information with buyers, particularly at the…

A: Managers are in charge of overseeing the production of a product or service, as well as other phases…

Q: If a buyer and seller do not have a close working relationship, how can a buyer obtain cost data to…

A: Cost analysis is the process of evaluating the elements of the cost and profit in the proposal of…

Q: How to balance pricing and spending behavior from in Islamic perspective

A: Islam is one of the religion of the world, which has its focus on balancing the price and spending…

Q: particularly low price and is widely advertised. When coming to buy the item, consumers a

A: The bait prices are the unscrupulous promoting strategy that includes attracting purchasers with the…

Q: Explain what criteria determine whether a supplier should be involved in a new product development e

A: Supplier and Manufacturer relationship is a cumulative relationship and it grows during the growth…

Q: if you were the manufacturer,what method of product distribution would you prefer?

A: If you don't have a physical store, you'll need to find other means to distribute your goods and get…

Q: Explain why a product or service’s contribution (selling price minus variable cost) is an important…

A: The product and service plays a very important role in creating right marketing decisions. It plays…

Q: Retailers typically use two basic pricing strategies.  Explain the advantages of the two pricing…

A: Any company that sells products to customers must consider retail pricing. After all, buyers…

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

A: A firm or company uses various pricing strategies to sell the product in the market. The pricing…

Q: Assume you are the Chief Purchasing Officer at an automobile manufacturing company. Recommend some…

A: Managing a supplier base can [rove to be a difficult task for the purchase officers. It is…

Q: When competition is the dominant factor in pricing a product or service, what is the best cost…

A: Pricing under Marketing means the methods of finding out the value or cost of the particular product…

Q: What is the concept of cost-of-service pricing? What is the difference between value-of-service and…

A: Pricing of costs for services and their relationship between parking costs for services and pricing…

Q: What happens if a supplier is unable to reach a buyer's initial price target? What are your thoughts…

A: The following are some of the outcomes:- The procurement process will be delayed as a result. It…

Q: Discuss the reasons why suppliers are sometimes reluctant to share cost informationwith buyers,…

A: Share cost information can be explained as the cost that has been incurred by the supplier to…

Q: Directions: Create a pricing scheme of certain product. Search for a product you think that the…

A: Marketing is to build customers for the firm. It is the exchange of value between customers and the…

Q: A business marketer (who is a potential supplier) is keen to supply cold-rolled (CR) steel coils to…

A: Cost leadership is the process of having autonomy in providing the least cost. This refers to the…