Q: discuss the contribution of enterpreneurship to the national economy of Nigeria.(100 words).
A: [Hi! Thanks for the question. As per our Bartleby guideline, we are supposed to answer only ONE…
Q: This chapter states, "Often consumers base their perception of price onwhat they believe to be the…
A: The price prescription is the financial penance one needs to make in return for an…
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: Scissors, a local hair salon, practices a known form of price discrimination by charging students…
A: Price discrimination refers to the practice of a seller selling the same good at different prices to…
Q: Find an Example of a Commercial credit policy from the internet and highlight the important parts of…
A: A commercial credit plan refers to a pre-approval amount of money. Which is made available by the…
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: i. Companies often adjust their basic prices to allow for differences in customers, products and…
A: It is very true that organizations, companies, firms, and even sometimes retailers, adjust the basic…
Q: Discuss the advantage and disadvantage of seeking competitive advantage through price.
A: As per honor code, i am bound to answer only 1 question. you have to repost 2 question again to get…
Q: Explain the term Zone pricing?
A: Depending upon geographical locations pricing can be effectively classified to a specific group…
Q: Half liter of Oasis water and Aquafina drinking water are priced same in the market. This type of…
A: When two companies compete in the same market with similar price then it is called as…
Q: Find out the Product Mix Pricing Strategies and Price Adjustment Strategies use by different…
A: An organization design the strategy to remind, inform, and persuade the target audience is known as…
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: What does expropriation mean, and what is the role of transfer pricing in this regard?
A: Transfer pricing is designated as a practice in accounting and it depicts the amount charged by one…
Q: Briefly discuss the following. 1. Market Price 2. Price Value Policy 3. Price Execution
A: Pricing strategies can be referred to a marketing strategy that is utilized by the organizations to…
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: What are the benefits of Price bundling?
A: The strategy for setting accurate pricing for the product is most crucial and critical part for…
Q: Explain the entire cost of the bath soap and their pricing strategy in Bangladesh
A: Every business uses different pricing strategies according to the requirements and demand of their…
Q: As a purchasing manager for a manufacturer of domestic appliances, you are to source the door seal…
A: Procurement and Supply Chain Management includes activities such as obtaining raw materials to…
Q: What a company should do when any of its products are in the declining stage? What are the problems…
A: The Decline Stage is the last stage of the Product Life Cycle. During this stage, the sale of the…
Q: Illustrate the Power of Dynamic Pricing and Yield Management Systems?
A: Yield management is the process where the optimum capacity is allocated in a fixed-capacity system…
Q: Cite three (3) pricing strategies that companies or firms implement. Discuss the circumstances or…
A: The three pricing strategies are penetrating, skimming, and following. Penetrate: Setting a low…
Q: If you were concerned about low income individuals having access to water, what type of pricing…
A: A pricing structure states and systemizes amount for goods and services of an organization. The…
Q: Which is the most flexible global pricingstrategy?
A: A pricing strategy is a method for determining the price of the product or service. It encompasses…
Q: Pricing is a challenging task in case of Airline industry due to demand factor. What in your opinion…
A: Pricing strategies: These strategies are used by the organizations to fix prices for their goods and…
Q: In the case of American Airlines Value Pricing, what is likely to be the reaction of their…
A: Pricing refers to a marketing strategy in which a marketer makes strategies to determine the price…
Q: ACTIVITY 1- Module 1: 1. Who advocated fixed pricing? Explain briefly when it started.
A: The first Fixed Pricing concept, technique or a retail tag appeared in 1861 in the Oak hall in…
Q: Can you provide examples of suppliers or industries that are currently utilizing a price volume…
A: Suppliers are the one who provides raw material to the industry or to the manufacturer. The industry…
Q: Discuss why dynamic pricing is a competitive weapon in the digital economy. Highlight the major…
A: Dynamic Pricing can be defined as a pricing strategy in which price levels of products and services…
Q: Usage-based pricing (UBP), also known as consumption-based pricing, is a pricing model that enables…
A: The concept of usage-based pricing is increasing in companies. Usage-based pricing is a Software as…
Q: Why is dynamic pricing especially prevalent online? Is it legal?
A: Dynamic pricing is characterized as the way toward deciding an item's worth incommercial exchanges…
Q: Explain the concepts of dynamic pricing and yield management systems?
A: A company's pricing strategy is the method by which it determines the price at which it will provide…
Q: Give 2 examples of pricing strategy of a monopoly and monopsony with explanation. Please be specific…
A: Monopoly is a market situation where there is a single seller and multiple buyers. The seller in…
Q: 1.The author notes that “…ISO markets creates mechanisms that efficiently allocate scarce…
A: Pricing Mechanism A pricing Mechanism can be defined as a system where the demand and supply forces…
Q: What are the three traditional global pricingstrategies?
A: Traditional global pricing strategies involve only two things, one is the cost of the product and…
Q: Find out the Product Mix Pricing Strategies and Price Adjustment Strategies use by different…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: 10. What do you understand from trade and cash discount? How to calculate trade discount, cash…
A: Discount refers to the amount or percentage discounted from the normal selling price of something. A…
Q: From the point of view of consumers, why are the incentives of price cap regulation superior to…
A: The price-cap regulation is a set of economic regulations that impose a limit on producers’…
Q: Give an example/situation for 'Predatory Pricing' & 'Functional Discount' practices prohibited under…
A: the practice of lowering cost price to eliminate competitors and build an unfair market is known as…
Q: Why it is crucial to consider pricing from a strategic rather than a tactical perspective?
A: Strategic Pricing is defined as creating conditions under which there are more chances of profit…
Q: What are factors that can help high/low pricing be successful in the presence of EDLP competition
A: Fixing a price is not an easy task. The whole demand for the product depends on the price…
Q: List ways to avoid the following reasons for businesses failure; mismanaging money, poor marketing,…
A: The world these days is running behind businesses. Every individual thinks of running even a small…
How to balance pricing and spending behavior from in Islamic perspective?
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- Pharmaceutical Products are Price insensitive, explain it? please explain at your own words.Although cannibalization generally forces price cuts, in whatways can it actually benefit a firm?b. If you were concerned about low income individuals having access to water, what type of pricing structure would you use in your municipality? Explain.
- Economists define costs in terms of opportunities forgone. What opportunities are forgone by Walmart’s “everyday low price” marketing strategy? Who pays the costs of Walmart’s low prices?What does expropriation mean, and what is the role of transfer pricing in this regard?Why do many economists think that stores should be allowed to raise their prices after a natural disaster? What are some arguments against price gouging?