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- The price a company charges will fall somewhere between one that is too low to produce a profit (price ceiling) and one that is too high to produce any demand (price floor). " True FalseA fixed cost is?1. How do you price physiological, is it low, moderate or high? please explain briefly your answer. 2. How do you price sociological, is it low, moderate or high? please explain briefly your answer. 3. How do you price psychological, is it low, moderate or high? please explain briefly your answer. 4. How do you price life-cyclical, is it low, moderate or high? please explain briefly your answer.
- Discuss the following briefly. 1. Pricing 2. Price 3. Payment 4. Costing 5. Cost Please answer 1-5. Thank you7 ? Which of the following is true of the price equation? ? ?Extra fees are not part of the price equation ?The amount paid by customers is always the same as the quoted price ?Sellers subtract the add-on charges from the list price ?Customers are more inclined to pay additional fees than a higher list price 8 ?What is the difference between a marketing plan and a business plan? ?A marketing plan addresses the financial projections of an organization, whereas a business plan does not A marketing plan contains a description of an organization, whereas a business plan does not contain any description A marketing plan deals with marketing actions, whereas a business plan addresses the entire organization ?A marketing plan contains details on operations, research, and manufacturing, whereas a business plan does not 9 ?What must an organization use to determine its position respective to the competition during the new-product strategy development stage? ?SWOT analysis and environmental…Briefly discuss the following. 1. Market Price 2. Price Value Policy 3. Price Execution Please answer question 1,2,3
- 1. As an entrepreneur, one of the most significant and strategic decisions you will ever make during the life cycle of your new venture will be one of selecting your pricing approach and setting your initial price. Few decisions have such wide-ranging implications for the success of the venture, especially as this decision directly impacts every area of the business, such as customer acquisition, the break-even point, and profitability. Research several newly emerging start-ups that are focused on product-based offerings for the consumer sector that you find interesting. Select one and in a two-page paper using the principles from the text, identify, assess, outline, and analyze the totality of the pricing models, pricing strategies, and pricing decisions. Also include whether you agree with each and be sure to explain your answer (if you do not agree, indicate what changes would you make).For ENTR550, Entrepreneurial Marketing at Keller School of ManagementAPA format, include…Because full costing is accepted for financial reporting purposes and variable costing is not, whyshould we be concerned about the difference between them? What is the difference, and why is itimportant?Many Firms offer a “Buy 4, Get 1 Free” card to encourage customer loyalty What is the price segmentation concepts that support such an offer? Which of the following types of fi rms is most likely to find a “Buy 4, Get 1 Free” offer to increase unit sales, and why? Gift card shop, coffee shop, hair salon, hardware store"
- You are in the process of planning a hypothetical airline flight from New York to St. Louis. Visit the websites of three differentairlines and compare prices for this trip. Try travel dates that include a Saturday night layover and those that do not. Try dates lessthan seven days away, and compare, those prices with flights that are more than twenty-one days out. How do you explain thesimilarities and differences you see in these prices?In a management setting, does Transfer Pricing affects Absorption & Variable, Budgeting, and Responsibility Accounting, individually or collectively? Or is it the other way around? Defend your answer in less than 100 wordsfor Sports True or False: Pay-what-you-want pricing allows buyers to set the price of the product, but the seller has a right to refuse the price set. True False Next Chapter > tv MacBook Pro Q Search Qsearch ☆ al Reading Assist