TAXATION RATING 6/10 advantages: -Higher price --> less supplied and consumed of demerit goods. Increase in consumer welfare. -Government gains revenue. -Tax receipts can be used to further help with problem e.g. Taxing alcoholic drinks and using the receipts to add funding to the NHS or policing. Disadvantages: -If demand is very income inelastic (e.g. cigarettes) then consumption would not greatly reduce-> potential for black market. If consumption does remain the same then taxation is just
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price: selecting the pricing objective‚ determining demand‚ estimating costs‚ analyzing competitors costs‚ prices and offers‚ selecting a pricing method and selecting the final price‚ Singapore GP Pte Ltd employed 2 different pricing strategies. They are 1. Price discounts and allowances 2. Differentiated Pricing Promotional pricing was not used in the sale of the FORMULA 1™ SingTel Singapore Grand Prix tickets as none of the techniques: lost-leader pricing‚ special-event pricing‚ cash rebates‚ low-interest
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Capital Asset Pricing Model (CAPM): Pros and Cons. CAPM defines the relationship between risk and return. The premise of the model is that the expected investment return varies in direct proportion to its risk‚ i.e.‚ the riskier the investment - the higher the return you should expect. Shows: • how much risk you are taking when investing in an instrument? • whether the instrument is rightly priced • whether you are getting sufficient return for the risk you are taking CAPM calculates the
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50 Acknowledgement Abstract This paper‚ we study the significance of the four-factor asset pricing model (market factor‚ size factor‚ book-to-market factor and momentum factor) in explaining the cross-sectional variation in average stock returns in the United Kingdom. Our findings show that the four-factor model does work well and significant to explain the
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The Note Phone Marketing Plan – Pricing Strategy and Channel Distribution Lisa S Carey Marketing Management – MKT 500 February 13‚ 2011 Instructor: Dr. Keith C. Jones Marketing Plan – Pricing Strategy and Channel Distribution for the Note Phone 1. Determine and discuss a pricing strategy (Penetration or Skimming). Pricing is an important strategic issue because it is related to product positioning and furthermore‚ pricing affects other marketing mix elements such as product features
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Case – Glitzz: Devising a Pricing Strategy What factors influence the pricing decisions for a product such as Glitzz? Analyze these factors and comment on the range of prices that can be set for Glitzz Q1. Factors influencing the pricing decisions for Glitzz include the firm’s objectives‚ customer factors‚ and competitive factors. Constraints such as costs also play an important role in influencing pricing decision. Together‚ they narrow the range of price reasonable for Glitzz. The target
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Summary of pricing article Value based pricing intro This article is focused on the value based pricing strategy. Traditionally many sellers have taken an approach of charging what the market will bear when it comes to price. This strategy leads to a transactional relationship with the customer which means they will have little to no loyalty. If a competitor comes along with a lower price and the relationship is only based on price then the customer will switch to the lower cost competitor.
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CHAPTER 5 Developing Pricing Strategies and Programs CLASS NOTES OBJECTIVES— § Define the internal factors affecting a firm’s pricing decisions. § Identify the external factors affecting a firm’s pricing decisions. § How do consumers process and evaluate prices? § How should a company set prices initially
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specifications Typical Volume Loading time Location Reporting coverage Platts guidelines for Global Alert page 190 trading activity Timelines for Global Alert page 190 trading activity Fixed prices‚ floating prices and swaps Fixed price Premiums/Discounts Paper/Swaps The Spot Market Sample contracts Performance 2 2 2 2 2 2 3 3 3 3 6 6 6 6 6 6 7 PRODUCTS GASOLINE Singapore China Korea Japan Australia India Middle East NAPHTHA Introduction Japan Middle East India Singapore JET/KEROSENE Singapore Arab
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would be an experiment that suggests that E. coli is not only becoming resistant to ampicillin‚ but also other antibiotics including Cotrimoxazole and Cefuroxime (Renal & Urology News‚ 2007). This experiment is meant to prove that through genetic transfer using plasmid DNA‚ the E. coli can become bioluminescent and immune to the ampicillin. By adding plasmid DNA to the E. coli cells‚ the genetic composition of the cells will be different. I predict that the E. coli cells containing no ampicillin will
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