1. WHAT PRICING STRATEGY CAN BE EMPLOYED BY THE MAJOR OIL PRODUCING COUNTRIES AS A RESPONSE TO THE INCREASE IN SHALE OIL SUPPLIES FROM CANADA AND PRIMARILY THE US? JUSTIFY YOUR DECISION BY OFFERING SOLID RATIONALE IN DEFENSE OF YOUR THOUGHTS.
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- The base price of the crossover SUV Toyota RAV4 is $40,300. Popular luxury sport utility car the Lexus NX450h+ had a starting price of $58,550. Despite coming from the same automaker, the pricing objective of the Toyota and Lexus brand is different. a. Discuss five (5) pricing objectives that the organisation pursue b. Based on the case, analyse the pricing objective for Toyot c. Based on the case, analyse the pricing objectives for Lexu s.a.s.Lexus.Suppose you plan to start your own enterprise to manufacture a shawl quite different from the existing Kashmiri shawls available in the local market. Give a complete account oni- Target market,ii- pricing strategy andiii- channels of distribution.Give your justifications for all these decisions.a company is going to launch few health and hygiene related products in the market. However, a friction has evolved betweenmanager and management while finalizing the prices of those products. Management wants to adopt skimming pricing strategy while manager is in favor of penetration. Under such circumstances, how will manager justify his strategy? use hypothetical example(s).
- Which of the following price adjustment strategies involves reducing prices to reward customer responses such as volume purchases, paying early, or participating in sales-support programs? O a. discount and allowance pricing O b. captive product pricing O c. dynamic pricing O d. product bundle pricing O e. product line pricing A Moving to another question will save this response. « < Question 26 TOSHIBA DEL SNI PAA FB F10 F12 F9 BACK SPACE 7 V 8A99 0 TYYIUA2) Economics Prices can be determined with complete reliance on costs, the inverse elasticity rule, and complete reliance on-demand and no reference to cost. Real-world pricing strategies lie in this continuum. a. False b. True c. It dependsA toy RETAILER is deciding to sell a seasonal toy at the beginning of Q4. The retail price is $28, and the MANUFACTURER's cost is $15. The RETAILER can recycle books for 50% of the retail price, while the MANUFACTURER offers buy-backs of the unsold toys for $10 per toy from the retailer. Toy demand is norm dist. with 1000 toy average and 250 s-dev. If one single company owns BOTH the manufacturer and retailer, what is the order/production quantity for this firm, and what is the profit?
- Just Answer the Number 3! Here is the Answer for the Number 1. Markup price: - It is defined as the difference between cost price to make building and the price charged from customer. Markup price is simply a price that is added to actual price of construction. Any building or industrial contractors prefer markup pricing method because it sets prices for goods which will give profits to contractors. It is very useful for products whose price varies frequently. Markup pricing strategy is easy to calculate reason behind that is it consists simple equation which eliminates confusion in pricing the products. Also, it is very fast and error free with respect to other methods. With the help of markup pricing method contractors can recover labor or other price easily. Markup price is useful for bulk pricing. For example- One has to do pricing of hundreds products then just set a profit percentage on each products which will save the decision making cost. Here is the answer for the…5- Airlines are known to jack up fares when peak travel season approaches, and they typically run their fare sales around slow seasons. This is an example of a ________ pricing strategy Group of answer choices everyday low pricing (EDLP) uniform premium high/low 6- Which of the following is NOT a goal of informative advertising? Group of answer choices inform customers about upcoming sales increase awareness explain how the product works build company image 7- A pricing strategy is Group of answer choices using one-time seasonal discounts to reduce inventory. a short-term approach to setting prices a long-term approach to setting prices in a companywide integrated effort using slotting allowances to gain access to distribution channels 8- I mentioned that the main tasks of advertising are to inform, remind, and persuade. At which stage of the product life cycle should the advertising focus on informing? Group of answer choices decline maturity…Briefly discuss the following. 1. Market Price 2. Price Value Policy 3. Price Execution Please answer question 1,2,3
- What measurement issue is hedonic pricing meant to fix? Be specific as possible as why as measurements without it can fail to capture what the relevant statistic was designed to capture. How does it work in practice?Just ANswer the Number 2! Here is the Answer for the Number 1. Markup price: - It is defined as the difference between cost price to make building and the price charged from customer. Markup price is simply a price that is added to actual price of construction. Any building or industrial contractors prefer markup pricing method because it sets prices for goods which will give profits to contractors. It is very useful for products whose price varies frequently. Markup pricing strategy is easy to calculate reason behind that is it consists simple equation which eliminates confusion in pricing the products. Also, it is very fast and error free with respect to other methods. With the help of markup pricing method contractors can recover labor or other price easily. Markup price is useful for bulk pricing. For example- One has to do pricing of hundreds products then just set a profit percentage on each products which will save the decision making cost.F2 Define the five considerations of the price variables. - (W) @ V A B I F3 #, 3 £ E D I F4 DC * $ 4¢ R F F5 010 123 COO DO DO F6 % 5 ¤ COO T G EE D O 10 F7 84 A ? 6 n GO Y H F8 & 7 Ca 202 U F9 * ∞ 8 2 US X₂ x² F10 ( 9 K F11 3 0 0 F 1