About the ethnocentric pricing

Assignment Help Operation Management
Reference no: EM132087089

Remember our management orientations? In addition to being key to HOW a company expands internationally, those management orientations also have a lot to do with how products are priced in different countries.

1. Ethnocentric pricing, essentially the same price is charged no matter where in the world the buyer is located.

2. Polycentric pricing, permits subsidiary or affiliate managers to establish whatever price they feel is most appropriate in their market environment.

3. Geocentric pricing, more dynamic and proactive than the other two, the price is neither fixed worldwide nor are subsidiaries or local disributors allowed to make independent pricing decisions. Generally, the price is controlled from headquarters but is based on local market factors.

Reference no: EM132087089

Questions Cloud

Discussion of any five variants of ransomware : MN502 Overview of Network Security Assessment - Potential threats and mitigation tools for ransomware. Melbourne Institute of Technology, Australia
Interpret the deployment considerations : Describe and interpret the deployment considerations involved with using network security monitoring products to obtain full content data.
What are the biggest challenges to effective tb treatment : What are the biggest challenges to effective TB treatment and What are the biggest priority issues surrounding TB? What aspect of improving TB treatment
Summarize the major reform principles of any three titles : How do unethical accounting practices affect internal and external stakeholders? Cite at least one regulation to present the legal perspective.
About the ethnocentric pricing : Ethnocentric pricing, essentially the same price is charged no matter where in the world the buyer is located.
What is its dividend yield : A firm paid a dividend of $1.52 a share this year and had earnings per share of $5.42. Its market price per share is $69.10. What is its dividend yield?
What are the impacts of bad customer service on any business : What are the impacts of bad customer service on any business? Any real world example is appreciated.
Purchased the stock for its current price : An issue of preferred stock pays an annual dividend of $5.00 and is selling for $75 a share. What annual return would you earn if you purchased
What is the expected return of a new portfolio : Refer to the information above. What is the expected return of a new portfolio that is 60% invested in Portfolio R and 40% in Portfolio S?

Reviews

Write a Review

Operation Management Questions & Answers

  Organizational psychology

What is organizational psychology? How is it different from general psychology?

  Develop a forecast for the expected number

Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks. (Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.)

  Causing a massive mudslide

Officials feared that, even if the volcano did not erupt, part of the crater's rim might collapse, causing a massive mudslide.

  The continuing growth of direct to consumer advertising

The continuing growth of direct to consumer advertising by big pharmacy also continues to grow in controversy.

  Explain answer and state the basic principle illistrated

If a corporation doubles the number of exposure units, what may be said to happen to the degree of objective risk? Explain your answer and state the basic principle illistrated.

  Decision was made that seemed to benefit specific manager

To prepare for this Discussion, think about a time in your professional experience when a decision was made that seemed to benefit a specific manager

  Common management science term for opportunity cost

The common Management Science term for opportunity cost is remorse.

  Analyze the data using an appropriate control chart

A towns department of public works is concerned about adverse public reaction to a sewer project that is currently in progress because of this the commissioner of public works has authorized a weekly survey to be conducted of town residents each week..

  In the context of the characteristics of digital marketing

In the context of the characteristics of digital marketing, connectivity is defined as the abilit

  Service oriented architecture

Expand on the relationship between EA and SOA (Service Oriented Architecture ). Be sure to discuss an application of SOA that an organization has benefited from.

  Who experienced challenge of any level of severity

Identify a leader who experienced a challenge of any level of severity – perhaps they had an embarrassing public display,

  What is the economic order quantity

G's Boeing orders a small part (component) used in many of its wing assemblies. What is the economic order quantity (in parts, not cases)?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd