1
Supply:
a.) Subtracting any cost/expenses
b.) product or service that producers are willing to sell, sometime at different prices level
b.) product or service that producers are willing to sell, sometime at different prices level
Demand
a.) Subtracting any cost/expenses
b.) product or service that producers are willing to sell, sometime at different prices level
c. the amount of product or service that consumers have the capacity and willingness to buy
c. the amount of product or service that consumers have the capacity and willingness to buy
Gross Profits
a.) the total amount of money a company makes from selling its products/services after subtracting any costs/expenses.
b.) Subtracting any cost/expenses
c.) product or service that producers are willing to sell, sometime at different prices level
a.) the total amount of money a company makes from selling its products/services after subtracting any costs/expenses.
Revenue
a.) the total amount of mortgage a company makes from selling its products/services after subtracting any costs/expenses.
b.) the total amount of given to farmer loans.
c.) the total amount of money a company makes from selling its products/services after subtracting any costs/expenses.
c.) the total amount of money a company makes from selling its products/services after subtracting any costs/expenses.
Price
a. the amount of stock need to give away.
b. the amount of money you need to pay.
b. the amount of money you need to pay.
Point Guard
Basketball
Public Defender is what kind of field?
Law
What career a teacher needs to have?
Education Degree
Cost-plus pricing
a. determining the selling price by adding a markup percentage
b. dropping the selling price by adding a markup percentage
a. determining the selling price by adding a markup percentage
Price skimming
a. influencing setting a high price for a unique product and gradually lowering it over time to attract price-sensitive customers.
b. initially setting a high price for a unique product and gradually lowering it over time to attract price-sensitive customers.
Penetration pricing
a. Santa a low price initially to gain market share quickly and increase brand loyalty, with potential price increases later.
b. setting a low price initially to gain market share quickly and increase brand loyalty, with potential price increases later.
b. setting a low price initially to gain market share quickly and increase brand loyalty, with potential price increases later.
value-based pricing
a. Pricing based on the perceived worth that customers associate with a product, aligning prices with customer preference and needs
b. Pricing based on the perceived not worth that customers associate with a product, aligning prices with customer preference and needs
a. Pricing based on the perceived worth that customers associate with a product, aligning prices with customer preference and needs
What factors do you consider when making a purchase decision?
a. pizza, quality, need/utility, brand reputation, long-term costs, features, environment, impact, customer service
b. prices, quality, need/utility, brand reputation, long-term costs, features, environment, impact, customer service
a. prices, quality, need/utility, brand reputation, long-term costs, features, environment, impact, customer service
Brainstorm the advantages and disadvantages of various prices.
a. Walmart
b. Walgreen
a. Walmart
What role does pricing strategy play in developing and maintaining brand positioning?
a. It plays a critical role in developing and maintaining brand positioning by increasing customer perceptions of a brand's value quality and market positioning. A well-aligned pricing strategy can reinforce the desired brand image, attract the target market, and differentiate the brand from competitors.
b. It plays a critical role in developing and maintaining brand positioning by influencing customer perceptions of a brand's value quality and market positioning. A well-aligned pricing strategy can reinforce the desired brand image, attract the target market, and differentiate the brand from competitors.
b. It plays a critical role in developing and maintaining brand positioning by influencing customer perceptions of a brand's value quality and market positioning. A well-aligned pricing strategy can reinforce the desired brand image, attract the target market, and differentiate the brand from competitors.