Lecture 5: PRICE AND PLACE Price: - Define the pricing concept and explain different pricing methods ( cost oriented‚ competitor oriented and market oriented pricing) -Explain pricing strategies for new products( market penetration and market skimming) AND existing products. ( Understand condition and when we can use it) -Consider ethical issue in pricing ( don’t think it will be on the exam) PLACE: Define place(distripution) concept and explain the role of intermediaries in distribution
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This story begins with my dad at his house talking to his parent about his dream to come to america. When my dad first told his parents they said but then they thought and they wanted their son to have a better life so they let him go but my dad still had a lot of planning to do before he was able to go he still needed to find supplies to be able to make it there. The hard part was making it there because at that time my dad said they just improved there surveillances but my dad said he found a group
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whereas other people feel like students should not be paid but rather should always do their best. Paying students would help more to try their best and should be done.’ The first reason why students should be paid for good grades or test scores is because it makes students want to do better in school:” Facts have shown paying students for good grades or good test makes students want to work harder.” Paying students for their good test scores makes them want to do better and when they do‚ do good it
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Hi guys‚ my name is Betty. I am the lead of my group today. I am goanna talk about fuel prices. The issue of fuel is very complex. First‚ what is fuel? It is material such as coal‚ gas‚ or oil that is burned to produce heat or power. And these 3 energies occupy the major parts of fuel use. In the past few years‚ fuel prices went up rapidly. Each country is very sensitive on the price. What causes fuel prices to rise and fall? For instance‚ let us have a look at oil. There are two main reasons
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UNIVERSITI MALAYSIA SARAWAK Assignment EBA 6423 Strategic Marketing Individual Assignment Case 1: Price the Product Name: Martina ak Minggat Matrix no: 12030020 Prepared for: Prof Dr Ernest Cyril De Run CASE STUDY 1: Which option would you choose‚ and why? 1. No. Pricing the entire menu at $1.29 would make things simple for the company and consumers‚ as well as offering the most potential profit per item. However‚ the challenge would be to convince consumers that the $1
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Supply and Demand‚ Markets‚ Prices and Price Setting Cirilo "Lee" E. Montano Trident University Microeconomics ECO201 Allison Kaminaga‚ Ph.D. December 10‚ 2012 Explain what happens to price and quantity of coffee when the following events occur: 1. An advertising campaign highlights scientific studies that find drinking coffee can help reduce weight gain. a. What do you think would happen? People will buy more coffee‚ drink more coffee‚ and research what coffee will help them lose
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February 2013 My Math Teacher Has a Big Influence on My Life One day I was sitting in my math class‚ feeling bored and sleepy‚ when my teacher‚ Mr. .Ahmed woke me up by his words.He told us his story aboutmath and how his life changed after he changed his way of thinking. He also told us that he used to hate math‚ but he became good at math after he decided to like it. From that moment‚ I decided to adopt my teacher`s attitude‚ and I learned to be open-minded‚ flexible in my life and positive
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Low paying jobs People who work in low paying jobs are usually in most instances people who did not complete their high education to tertiary so opt for lower paying jobs to obtain income to fend for themselves. This means that they are now at higher risk of living poor lives especially if they have more expenses than necessary like maybe having to buy tobacco which they are addicted to in some cases. We then look at if people with low paying jobs who smoke have any intentions to quit smoking because
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Price / Earnings Ratio Q1: (Introductory) What three alternative measures of the price-earnings ratio (P/E ratio) are described in this article? Answer: Following are three price-earnings ratio described in the article: 1. P/E ratio 2. “Forward” P/E ratio 3. “Trailing” P/E ration Q2: (Advanced) Which of the three measures matches the definition of the P/E ratio given in your textbook? Explain your answer. Answer: Books has only discuss the simple P/E ratio‚ PE ratio measures how much investor
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Analysts expect gas prices to decrease or remain mostly flat not only in 2014‚ but for years to come. Nonetheless‚ drivers in some states will see higher prices at the pump‚ starting January 1. Gas prices may not have seemed all that cheap in 2013. But in fact‚ prices for the year as a whole were less expensive than they have been. According toAAA’s year-end report‚ American drivers paid $3.49 per gallon of regular‚ on average for 2013. That’s the cheapest per-gallon average since 2010; the national
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