External factors that affect pricing decisions * External Factors - There are a number of influencing factors which are not controlled by the company but will impact pricing decisions. Understanding these factors requires the marketer conduct research to monitor what is happening in each market the company serves since the effect of these factors can vary by market. i) The nature of the market and demand ii) Elasticity of demand iii) Competitor’s cost‚ price and offers
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Planning an environment for toddlers aged 1-3 years requires careful consideration of several factors to ensure the toddlers safety‚ well-being‚ and development. Some key factors include: Safety Safety is key when planning for toddlers. It is important to ensure that the environment is free from hazards including sharp edges‚ small objects that could be choking hazards‚ electrical outlets‚ these should be correctly covered‚ and all furniture needs to be stable and secure. Accessibility: Toddlers
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Describe the factors to take into account when planning healthy and safe indoor and outdoor environments and services. There are many factors to take into account when planning healthy and safe indoor and outdoor environments and services for children and young people‚ most of these being common sense. One of the most important things to remember is that everyone is an individual and may have particular needs. When planning outdoor environments or activities we need to take in account the ages and
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1.1 Describe the factors to take into account when planning healthy and safe indoor and outdoor environments and services. Before starting any activity it is important that you take into account the health and safety requirements of all pupils‚ ensuring that the environment is free of any hazards and that pupils will be able to work/play safely. Factors which should be taken into account when planning healthy and safe indoor and outdoor environments and services are: • Ratios of staff to children
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1. Pricing decisions Factors to consider when setting prices All profit organizations and many non profit organizations must set prices on their products or services. Simply defined‚ price is the amount of money charged for a product or service. More broadly‚ price is the sum of the values consumers exchange for the benefits of having or using the product or service. A company ’s pricing decisions are affected both by internal company factors and by external environmental factors. These factors
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The consequences of competition for the pricing and output decisions of firms are most easily established in the model of pure competition‚1 which requires that 1. Potential buyers and sellers are numerous and each is so small relative to the market that individual decisions about purchases or output do not noticeably affect market demand or supply‚ nor‚ consequently‚ do individual decisions affect the market price. 2. Firms in the industry produce a homogeneous (standardized)
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Ac1 This is how I will plan and what I will take into account when planning healthy and safe indoor and outdoor activities for children in my setting. The individual needs‚ age and abilities of the children and young people. All these must be considered when planning an activity. I will ensure that all the children will be included and my resources are age and ability appropriate. Specific Risk – if a child had a hearing impairment I would provide visual aids for them so they are aware of
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International Pricing-15 What is a Price? * Revenue received by a business in exchange for benefits provided * Customers give-up in exchange for the benefits they receive * Costs include: money‚ time effort‚ opportunities General Factors in Price Determination * True markets (customers have options) price determined by a combo of cust/co. issues including: * Pricing obj. of business‚ business constraints‚ gen pricing strategies‚ customer influences‚ competitive forces
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1.1 Describing the factors to take into account when planning healthy and safe indoor and outdoor environments and services There are many factors to consider when planning a healthy and safe indoor or outdoor activity. The main factors fall into these categories: • Individual needs‚ age‚ ability of children • Specific risks to individuals‚ such as pregnancy‚ sensory impairments • The function and purpose of environments and servies • The duty of care • Desired outcomes for the children •
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Support Children And Young People’s Health And Safety 1.1 The Factors To Take Into Account When Planning Healthy And Safe Indoor And Outdoor Environments And Services There are a number of factors that must be taken into account when planning for health and safety. *The individual needs of the child - These must be considered along with the age and ability so when planning for the children make sure the resources used are age and stage appropriate and they carry the safety marks. There must
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