Show:
Pricing
Supply,Demand and Profit
Elasticity, Competition
Value / Price PT2
Are you really listening?
100
That which is sacrificed to get a good or service.
What is Price
100
The consumers responsiveness determines the elasticity depending on their reaction to the change in price.
What is factors that affect elasticity
100
This is something that is based on perceived satisfaction.
What is Value
100
The four group members who are presenting this powerpoint
What is Ashley, Samantha, Lauren, and Vick
200
Marketing managers find the task of setting BLANK a challenge.
What is Prices
200
The quantity of a product that will be offered to the market by a supplier at various prices for a specific period
What is Supply
200
A type of demand that will rise or fall depending on the price of the good or service.
What is Elastic Demand
200
Businesses use BLANK as a promotional tool
What is Price
300
Market Share & Sales Maximization is which type of pricing objective?
What is Sales Oriented
300
People will buy goods no matter what the price is.
What is Inelastic Demand
300
Consumers should use a product’s BLANK to determine if the product is valuable
What is Price
300
Revenue minus expenses
What is Profit
400
The practice of marking up prices by 100 percent, or doubling the cost.
What is Keystoning
400
A method of setting prices that occurs when marginal revenue equals marginal cost.
What is Profit Maximization
400
The practice of charging a very low price for a product with the intent of driving competitors out of business or out of a market.
What is Predatory Pricing
400
In the Introductory Stage of the product life style the price is BLANK
What is high
500
Charging a high price to help promote a high-quality image.
What is Prestige Pricing
500
Competition can lead to
What is Price wars