How are the prices set at your place of employment? What strategy would they say is being...
How are the prices set at your place of employment? What strategy would they say is being used? If possible, please include a comment on pricing from a manager or owner
Homework Answers
I believe that the price of products and services set at the organization where I work is based on certain factors and they are the process set by the competitors, the price required to maintain quality, the price that will help make better business, etc. The strategy is very simple, the price needs to be close to that of their competitors and if possible, less than what they are offering because that will help the organization have a competitive advantage over the competitors and help do business in the industry as well. Managers state that price has been a major competitive factors fo certain products and we have tried to keep it within the range of all customers so that customers temd to purchase our products, irrespective of their financial status.
Add Answer to:
How are the prices set at your place of
employment? What strategy would they say is being...
#3. Consider your current place of employment, or any past place of employment. List the job titl...
#3. Consider your current place of employment, or any past place of employment. List the job title and describe at least one position which fits your description of manager. Then list the job title and describe a different position which fits your description of a leader. #4. Consider the leadership position you've listed and described in Requirement #3, did this person display or utilize any management skills in addition to their leadership skills? Why or why not? #5. Can you...
What type of organizational structure is used by your place of employment? Do you believe that...
What type of organizational structure is used by your place of employment? Do you believe that this is the best approach, and what changes, if any, you would make to the current structure?
You have been given a 6 month sabbatical from your place of employment and are leaving...
You have been given a 6 month sabbatical from your place of employment and are leaving in a week. Please write a one-page Leadership Credo. Please create a one page memo to your work group; i.e. co-workers, those whom you supervise [real or hypothetical group of people]. I want you to reflect what you would say to your co-workers if you were given a 6 month sabbatical. You should start something like: "To my fellow colleagues .... from this point,...
Let’s say you had $10,000 available to allocate to an investment strategy that included derivatives. What...
Let’s say you had $10,000 available to allocate to an investment strategy that included derivatives. What strategy would you employ? What specific derivatives would you buy or sell? Share with the class and include your rational.
Movie "A" is being released in video rental both US and Canda simultaenously later this month....
Movie "A" is being released in video rental both US and Canda simultaenously later this month. Demand for the movie has been estimated as: qdemandUS(p)=500,000−12,500p in the US and qdemandCan(p)=80,000−2,500p in the Canada, where p is the price of a movie rental in the local currency and q is the number of rentals per day. Once the studio has produced and released the film, there is no cost to making it available to an additional customer. a) If the studio...
Do the practices used at your (current or past) place of employment (1) properly motivate your...
Do the practices used at your (current or past) place of employment (1) properly motivate your colleagues to define and justify in opportunity cost terms the trade-offs embedded in company decisions and (2) “unwittingly enhance the importance of sunk costs by stiffly penalizing failure”? If you became a member of a task force to improve company performance on these two challenges, what recommendations would you make? How would you implement them?
As you read the standards, what is your response to the question: "Are they necessary"? How...
As you read the standards, what is your response to the question: "Are they necessary"? How do they inform nursing practice and are they being used from your perspective? The safety standards (QSEN) are somewhat recent. What did you think of those? What standards are in use at your place of employment?
22. What contributes to making an employment place one of the “best places to work”? Why...
22. What contributes to making an employment place one of the “best places to work”? Why would we, as managers, want to develop and maintain our organization as a best place to work? 23. Employee performance is important to effective organizations. We learned in class that there are three big components contributing to employee performance. Describe them and their relationship to each other and to employee performance. 24. Why might an employee relations manager want to be familiar with several...
2. Many computer manufacturers sell the same computer at different prices based on whether the buyer...
2. Many computer manufacturers sell the same computer at different prices based on whether the buyer is from a school or a business. a. What type of price discrimination is being used? Briefly explain how it fits the definition of that type of strategy. b. Which group do you think will pay the higher price? You should briefly say why you think they might have different elasticities and use your knowledge of price markups to inform your answer.
Question Set 3 You are receiving bedside report on your patient, Fred Hearty, in Room 218. He is being monitored possibl...
Question Set 3 You are receiving bedside report on your patient, Fred Hearty, in Room 218. He is being monitored possible chest trauma after being in a MVA earlier in the day. The nurse giving you handoff report states, “He’s stable and doing all right.” When you perform your assessment at 1930, Mr. Hearty is more restless than you think he should be. His V/S are as follows: 37.3, 112, 28, 130/79, and 95% on RA. He has diminished lung...
2. Many computer manufacturers sell the same computer at different prices based on whether the buyer is from a school or a business. a. What type of price discrimination is being used? Briefly explain how it fits the definition of that type of strategy. b. Which group do you think will pay the higher price? You should briefly say why you think they might have different elasticities and use your knowledge of price markups to inform your answer.
Most questions answered within 3 hours.
-
What would be the vapor pressure of water at 96°C above a
solution made by dissolving...
asked 11 minutes ago -
Hydration of norbornene
Write the reaction. Discuss the intermediate. Explain how the
equilibrium in the reaction...
asked 18 minutes ago -
While Dime Community Bank is based in Brooklyn; management has
decided to focus its lending activity...
asked 17 minutes ago -
Suppose that a party wanted to enter an FRA that expires in 42
days and is...
asked 18 minutes ago -
ABC Ltd. estimated that a new store requires an initial
investment of $800,000. This new store...
asked 19 minutes ago -
1. Review the Nike’s marketing strategy. You must include the
company’s target market, possible market segmentation,...
asked 32 minutes ago -
One of the major advantages of ______________ is to enhance
security for private networks by keeping...
asked 38 minutes ago -
Book:
Title: Framework for
Marketing Management, 15th edition
Author/s: Philip T.
Kotler, Kevin Lane Keller
1....
asked 47 minutes ago -
Given Uber’s recent corporate turbulence and ongoing
initiatives, provide a holistic situational analysis of the
environment...
asked 50 minutes ago -
A sculptor has hung up a 42.0 kg horizontal rod of length 4.80 m
. One...
asked 53 minutes ago -
What is the purpose of the 2' hydroxyl group in RNA? What is
the reason this...
asked 1 hour ago -
You currently have 20,000X ethidium bromide. You want to make
250 mL of 1X ethidium bromide...
asked 1 hour ago