TELECOM PRICING CONSULTATION PAPER ON CONCEPTS‚ PRINCIPLES AND METHODOLOGIES III. EXECUTIVE SUMMARY I. OBJECTIVE OF THIS PAPER 1. This paper introduces various concepts‚ principles and methodologies for determining telecom tariffs and interconnection charges (i.e. charges paid by one operator to another for use of the latter’s network in delivering the telecom service). The purpose is to provide a basis for comments and suggestions from interested parties and the public to take forward the
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1. Both the capital asset pricing model and the arbitrage pricing theory rely on the proposition that a no-risk‚ no-wealth investment should earn‚ on average‚ no return. Explain why this should be the case‚ being sure to describe briefly the similarities and differences between CAPM and APT. Also‚ using either of these theories‚ explain how superior investment performance can be establish. Answer: Both the Capital Asset Pricing Model and the Arbitrage Pricing Model rest on the assumption that
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ASSIGNMENT 3 MARKETING PLAN FOR TEACH CHINA BRANDING‚ PRICING‚ AND DISTRIBUTION STRATEGIES This section of Teach China’s Marketing Plan will focus in on key factors related to branding‚ pricing‚ and distribution: creation and development of the domestic and global product branding strategy; determination of optimum pricing strategy; looking at how the pricing strategy supports Teach China’s branding strategy‚ preparation of a distribution channel analysis‚ justification of opting for a
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Remarks before starting the analysis of the dataset Purpose of the case We have to study three competitors (Dubuque‚ Ball Park‚ Oscar Mayer) in the market of the hot dog. We want to know the impact of the variation of the price of one competitor (Ball Park) on the market share of another competitor (Dubuque). Origin of the dataset The dataset comes from "a scanner study conducted at grocery stores located in the western suburbs of Chicago". So we know that the data don’t represent the entire
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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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IKEA has cut the prices of nearly 300 products since September 2012. The price of a hot product‚ Skubb boxes‚ was cut to 29.9 yuan from 49 yuan. The president of Ikea China ( retail business ) Jillian said : " The advantage we have is that we can control all the links in the supply chain‚ and reduce the cost of each link effectively so that it runs in the entire process from product design to ( shape‚ material and so on )‚ select the OEM manufacturer management‚ logistics design and mall management
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Identify two cost oriented approach and provide hypothetical examples for each? Cost oriented approach is when a company sets a price of a product that covers marketing and production cost. An example would be an apples iphone. It cost about $200 to make and they sell a brand new one without an contract for $800. So I am guessing the rest of the money is used to cover production‚ marketing and make a profit. Also Dr. Dre beats are made in china and are priced at $300 but cost $80 to make. So same
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oils‚ bubble baths‚ bath salts‚ butters and many other types of products. A subset of cosmetics is called "make-up" which refers primarily to colored products intended to alter the user’s appearance. Cosmetics makers put a new face on competitive pricing strategies. Today’s consumers want more out of the products they buy‚ and cosmetics are no exception. To help meet that demand‚ value and budget cosmetics manufacturers are ramping up efforts with more upscale packaging‚ enhanced formulas and improved
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Factors affecting Pricing Strategies Introduction Pricing can be defined as the assignment of value or the cumulative amount of value that a customer must exchange in order to receive a particular product or service (Gerth‚ n.d.). For marketers‚ pricing can be viewed as a single strategic tool that can translate a potential business entity into reality (Abratt & Pitt‚ 1985). On the same notion‚ Avlonitis & Indounas (2005) noted that pricing is the only element of the marketing mix that
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SERVICE INDUSTRY-PRICING ISSUES J.R KUMAR Faculty Director‚ FAPCCI. The basic aim of the Service Industry is to provide services to the clients/customers who need those services. These services include the services for the manufacturing units‚ as well as the services to other direct or indirect service providers who offer services to others involved
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