List and briefly explain what internal factors companies must consider for pricing decisions. How important are these, in your opinion?

Q: Describe the psychological pricing techniques and give examples

A: Psychological pricing is a technique which is used by the companies to hit the subconscious mind of…

Q: type of pricing approach will you adop

A: The price is defined as the amount which us expected in exchange of a product or service from one…

Q: HOW WOULD THIS MARKETING CONCEPTS AFFECTS THE PRICING STRATEGY OF THE COMPANY?

A: Holistic marketing plays a prominent role in the organization as has various benefits associated…

Q: Explain in your own words and also give examples of how price gouging is harmful for the customers…

A: Quality management is a process of controlling or managing the quality of the product so as to…

Q: How does the target cost method differ from the cost-plus pricing method?   Which would you prefer?…

A: Target costing determines a product's life-cycle cost, which should be sufficient to create…

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: Why do the marketers avoid unrealistic pricing?

A: Pricing is seen as one of the most vital P in the marketing mix of any business. It is said that…

Q: Elaborate on 4 different pricing strategies that companies can utilize? Explain when would each of…

A: Note: I have answered for 1st question. kindly post the 2nd question separately. Pricing strategy is…

Q: Read the quotation below and explain how it related to the basic pricing process "The moment you…

A: Pricing refers to a marketing strategy in which a marketer makes strategies to determine the price…

Q: example of each of the major categories of pricing objectives.

A: Pricing is the mechanism by which a company determines the price at which it will offer its goods…

Q: Insights about "Good pricing involves finding a balance between the customer's desire to obtain good…

A: Ans. In the end, the purchaser decides whether or not a product’s worth is right. Therefore, beyond…

Q: Though organizations sometimes base pricing decisions on the cost of materials, another option is to…

A: A customer purchases a product because he believes it will benefit him. Customer perceived value is…

Q: Explain the comparison of pricing strategies mentioned above. Your explanation needs to be evaluated…

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

Q: define the other important external and internal factors affecting a firm’s pricing decisions.

A: A company will always price its products in such a way that the profits and demand are the highest.…

Q: hat are the External Considerations Affecting Price Decisions?

A: Рriсing  deсisiоns  аre  the  сhоiсes  businesses  mаke  when  setting  рriсes  fоr  their  рrоduсts…

Q: What is the main (most important) way that Cost-Based Pricing is different from Customer Value Based…

A: Cost based prcing refers to pricing bases on cost of production, distribution, and a fair return for…

Q: what pricing recommendation would you make to the CEO?

A: Pricing determines that the efforts companies have put in till now will be fruitful or not. 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: How to Establish price goals?

A: Pricing is to set monetary value on the product and services of the company. There are various…

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: How can a business' pricing decisions be affected by the government's actions?

A: Pricing decision is the decision or choice that the business would make while fixing prices for…

Q: At a strategic meeting of your company, other managers in the meeting want to know the company’s…

A: Pricing refers to setting a price for a product or service at which it will be sold in the market…

Q: Why do customers associate price with quality?When should prestige pricing be used?

A: It is always perceived that setting a high price for a product cab be painful for the customers and…

Q: Explain how a firm can increase its profit by price discriminating. How does it determine optimal…

A: Price discrimination can be referred to as the selling strategy where the seller sells the same…

Q: Identify the three major pricing strategies and discuss the importance of understanding…

A: Pricing: It means the price fixed for the value going to be derived by the customer by using the…

Q: First review the topics below and select one. Once selected, include the concept, a description of…

A: The product life cycle is the process of the length of time from the product being introduced to…

Q: The three major influences on pricing decisions are: costs, competitors, and customers. TRUE FALSE

A: The marketing function depends on product development, pricing strategy, distribution channel, and…

Q: Discuss the importance of market segmentation in pricing strategy. Please cite examples to support…

A: Market Segmentation can be defined as the process of dividing the entire market into different…

Q: In the list of Attractive Price Strategies, what is the most appropriate strategy for a t-shirt…

A: A price demonstrates the amount endowed by the users (customers) for purchasing a particular product…

Q: Why must marketing objectives and pricing objectivesbe considered when making pricing decisions?

A: Pricing objectives should be considered when making pricing decisions as they are the most important…

Q: in terms of marketing how would you identify and discuss the important internal and external factors…

A: All for-profit businesses, as well as several non-profits, ought to so establish costs for his or…