Pricing is both an art as well as science. There is no one right way to determine the price of products or services you are selling. To a large extent‚ the price is based on the value customers perceive to get from the product and what they are willing to pay for it. So what factors do you need to consider when pricing your products and services? 1.Objectives of the Business : There may be various objectives of the firm such as getting a reasonable rate of return‚ to capture the market‚ maintenance
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Running head: MARKET STRUCTURES Market Structures Scenario Analysis Erica Branch Bookie23@phoenix.edu Table of Contents Introduction……………………………………………………………………. page 3 Strategic variable solution……………………………………………………... page 3 Pricing Strategies………………………………………………………………. page 4 Non-pricing Strategies………………………………………………………….. page 4 Organizational uniqueness……………………………………………………… page 5 Conclusion……………………………………………………………………… page
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the industry produce similar products and consumers have complete and accurate information about their prices. All firms have equal access to raw materials‚ capital‚ labor and technology. A perfectly competitive industry‚ therefore‚ has no single market leader or monopolistic firm. All participating companies are identically leveraged and each must offer high quality products to retain customers. Examples of perfectly competitive industries include those that offer agricultural products‚ such as
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Capital Structure Decisions: Which Factors are Reliably Important? Murray Z. Frank1 and Vidhan K. Goyal2 First draft: March 14‚ 2003. Current draft: December 20‚ 2003. ABSTRACT This paper examines the relative importance of 38 factors in the leverage decisions of publicly traded U.S. firms from 1950 to 2000. The most reliable factors are median industry leverage (+ effect on leverage)‚ market-to-book ratio (-)‚ collateral (+)‚ bankruptcy risk as measured by Altman’s Z-Score (-)‚ dividend-paying
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1. A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump-sum of $10mln‚ or in parts‚ where $5.5mln can be provided in year 1‚ and another $5.5mln can be provided in year 2. a) Assuming the opportunity interest rate is 6%‚ what is the present value of the second alternative? According to Douglas‚ "a dollar received in the present period is worth more than a dollar received in a future period" (2010‚ ch. 1
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financial reports companies must record revenues and their associated expenses during the same period so that assets are not overstated and liabilities are not understated. It is imperative that the financial reports are as accurate as possible because decision makers use them to determine the course of action that businesses are to take.(Davis‚ 2011) With the accuracy of the reports in mind‚ the Financial Accounting Standards Board (FASB) has formulated the Generally Accepted Accounting Principles (GAAP)
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Communication Advice Alisha M. Abate Com 200 Sean Kenney September 25‚ 2011 Communication Advice 6510 Bisby Lake Ave. San Diego CA‚ 92119 Jane Corso 708 11th. St. N. Fargo ND‚ 58102 Dear Mrs. Jane‚ I am responding to your request for guidance in communicating with your fiancé Erik. I believe that there are five areas of communication that will help you and Erik communicate more efficiently‚ and they are: understanding the principles of interpersonal communication‚ developing active
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This archive file of BUS 308 Week 2 Quiz shows the solutions to the following problems: 1. Question : In a statistical study‚ the random variable X = 1‚ if the house is colonial‚ and X = 0 if the house is not colonial‚ then it can be stated that the random variable is continuous. True False 2. Question : The set of all possible experimental outcomes is called a(n) sample space. event. experiment. probability. 3. Question : If two events are independent‚ then the probability of their
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Analyse The Structure Of The Market Structure Of Oligopoly And The Difficulty In Predicting Output And Profits Market structure of oligopoly Oligopoly is a market structure where there are a few firms producing all or most of the market supply of a particular good or service and whose decisions about the industry’s output can affect competitors. Examples of oligopolistic structures are supermarket‚ banking industry and pharmaceutical industry. The characteristics of the oligopoly are: Small
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Nakamura Lacquer Company of Kyoto‚ Japan became one of the best manufacturers of lacquerware. Its brand ’Chrysanthemums’ was Japan.s best known brand. Now the company had offers to grow in the American market which led to a dilemma for the current owner. Statement of the problem: Though the company had brands that were most popular in Japan‚ it had no business outside the country. There was a huge demand of Japanese lacquerware in America. But it was not being satisfied due to the fact that Japan’s
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