. Which factor is the starting block for most short- and long-term pricing decisions?
. Which factor is the starting block for most short- and long-term pricing decisions?
Homework Answers
Desired net income is the factor which is the starting block for most short- and long-term pricing decisions. Net income of a company is the difference between its revenues and expenses. The short-term as well as long-term pricing decisions are based on costs of material, cost of production, operating and marketing expenses, reasonable profit margin, competitive position of the product etc. In short-term a business can tolerate negative net income bust positive net income is essential for long term survival of business.
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. Which factor is the starting block for most short- and
long-term pricing decisions?
Which of the following is an approach to long-run pricing decisions? A. Opportunistic pricing, which is...
Which of the following is an approach to long-run pricing decisions? A. Opportunistic pricing, which is based on demand and competition. Prices are decreased when demand is weak and competition is strong and increased when demand is strong and competition is weak. B. Cost-based pricing, which asks, "What does it cost us to make this product and, hence, what price should we charge that will recoup our costs and achieve a target return on investment?" C. Market-based pricing, an important...
In a perfectly competitive market, which of the following is a primary factor influencing pricing decisions?...
In a perfectly competitive market, which of the following is a primary factor influencing pricing decisions? Select one: a. cost of production b. availability of raw materials in the market c. information on competitor's cost structure d. value customers place on product
13. Short-term versus long-term financing Generally speaking, short-term debt is riskier than long-term debt, but it...
13. Short-term versus long-term financing Generally speaking, short-term debt is riskier than long-term debt, but it also has some advantages. In the following table, identify which type of funding (short-term debt or long-term debt) is being described in each case. Short-term Debt Long-term Debt This loan has more covenants that restrict the firm's actions. This loan is more flexible and can be used to adapt to changing market conditions. The lender will insist on a more thorough financial examination before...
.. Which of the following is the main difference between the short term and the long...
.. Which of the following is the main difference between the short term and the long term: A. Direct labor can be adjusted in the long term but not in the short term B. Direct labor can be adjusted in the short term but not in the long term C. Capacity resources can be adjusted in the long term but not in the short term D. Capacity resources can be adjusted in the short term but not in the long...
Which of the following costs should be considered in short term decisions? a. Variable cost per...
Which of the following costs should be considered in short term decisions? a. Variable cost per unit b. Historical costs c. Unavoidable fixed costs d. Sunk costs e. last year costs
Pricing and Margin Pricing is one of the most complex decisions in marketing because it requires...
Pricing and Margin Pricing is one of the most complex decisions in marketing because it requires balancing multina objectives, including cost/margin, positioning in the mind of the consumer, impact on channel/distribution partners, and competition. This assignment is designed to illustrate the effects of the pricing decision in these different contexts. What is the role of MSRP in your pricing decision? For each brand in the following table, calculate the manufacturer's selling price (MSP), the per unit margin, and the gross...
Matlab Most major airports hgve separate lots for long-term and short-term park- ing. The cost to...
Matlab
Most major airports hgve separate lots for long-term and short-term park- ing. The cost to park depends on the lot you select, and how long you stay Consider this rate structure from the Salt Lake International Airport during the summer of 2016. 8.20 Long-Term (Economy) Parking o The first hour is $2.00, and each additional hour or fraction thereof is $1.00 o Daily maximum $9.00 o Weekly maximum $60.00 . Short-Term Parking 。The first 30 minutes are $2.00 and...
There are a few advantages and disadvantages to short term and long term investments. Long term...
There are a few advantages and disadvantages to short term and long term investments. Long term investments are easier to risk because of the time period, however some people prefer to invest in short term investments to test the risk first. Making a decision on which method to proceed with depends on the individual or the company, its past financial activities and how much the individual or company is willing to risk. There are 4 strategic purposes for investing in...
Which of the following statements is true about the factors that affect pricing decisions? Select one:...
Which of the following statements is true about the factors that affect pricing decisions? Select one: a. Information about competitors' technologies is not useful for pricing decisions. b. Information about a competitor in a perfect market affects pricing decisions. c. Increase in price of a substitute product does not affect pricing decisions. d. Managers must always be aware of the competition when pricing their products
5. Keeping in mind that short-term production decisions are mostly based on the relationship between operating...
5. Keeping in mind that short-term production decisions are mostly based on the relationship between operating (variable) costs and expected product prices, discuss some of the advantages that larger operation may have. What strategies might smaller operations use to remain competitive long-term?
13. Short-term versus long-term financing Generally speaking, short-term debt is riskier than long-term debt, but it also has some advantages. In the following table, identify which type of funding (short-term debt or long-term debt) is being described in each case. Short-term Debt Long-term Debt This loan has more covenants that restrict the firm's actions. This loan is more flexible and can be used to adapt to changing market conditions. The lender will insist on a more thorough financial examination before...
.. Which of the following is the main difference between the short term and the long term: A. Direct labor can be adjusted in the long term but not in the short term B. Direct labor can be adjusted in the short term but not in the long term C. Capacity resources can be adjusted in the long term but not in the short term D. Capacity resources can be adjusted in the short term but not in the long...
Pricing and Margin Pricing is one of the most complex decisions in marketing because it requires balancing multina objectives, including cost/margin, positioning in the mind of the consumer, impact on channel/distribution partners, and competition. This assignment is designed to illustrate the effects of the pricing decision in these different contexts. What is the role of MSRP in your pricing decision? For each brand in the following table, calculate the manufacturer's selling price (MSP), the per unit margin, and the gross...
Matlab
Most major airports hgve separate lots for long-term and short-term park- ing. The cost to park depends on the lot you select, and how long you stay Consider this rate structure from the Salt Lake International Airport during the summer of 2016. 8.20 Long-Term (Economy) Parking o The first hour is $2.00, and each additional hour or fraction thereof is $1.00 o Daily maximum $9.00 o Weekly maximum $60.00 . Short-Term Parking 。The first 30 minutes are $2.00 and...
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