Being up to date with current events

Assignment Help Marketing Management

Reference no: EM13903267

A marketing discussion question. It needs to be at least 200 words. All questions need to answered.

Discussion: Pricing-One of the 4 P's

Being up to date with current events is an important part of becoming a business professional. In marketing, it is part of an important responsibility to continuously scan the external environment for opportunities and threats. Execute the following steps to successfully complete this Discussion on the pricing component of the marketing mix:

Step 1: Choose a current events article on pricing from the KU Online Library or from:

Learn the 4 P's©: https://www.learnthe4ps.com/category/price/

Step 2: Cover the following topics in your Discussion answer in essay format:

Discuss the key purpose of the article in relation to the pricing component of the Marketing Mix.
Identify two pricing concepts that you learned from reading this article.
From the perspective of a professional, what impact does the information on pricing in this article have on the marketplace?
From the perspective of a consumer, what impact might the pricing concepts in the article have on the buying decisions of consumers?
How might this information on pricing affect you personally?

Reference no: EM13903267

Questions Cloud

A marketing agent for ello : A marketing agent for Ello, I need to indicate the following steps in the Offer 1- Problem. 2- Solution.

Market plan for ello : Market Plan for Ello 1- PESTEL Analysis Ello. 2- SWOT Analysis Facebook.

Differences between traditional selling and personal selling : Identify the key differences between traditional selling and personal selling.

Estimate of the mean lifetime : A random sample of 100 light bulbs has a mean lifetime of 3000 hours. Assume that the population standard deviation of the lifetime is 500 hours. Construct a 95% confidence interval estimate of the mean lifetime

Being up to date with current events : Being up to date with current events is an important part of becoming a business professional. In marketing, it is part of an important responsibility to continuously scan the external environment for opportunities and threats. Execute the following ..

Prepare a schedule showing all the cash and cost flows : Prepare a schedule showing all the cash and cost flows that Tiny Treasures Company needs to consider in order to decide whether to keep the machine.

The systematic collection and analysis of publicly available : The systematic collection and analysis of publicly available information about consumers, competitors, and developments in the marketing environment

How might managements observation influence its choice : Managerial incentives of performance evaluation based on accounting data. How might management's observation influence its choice between the two investment projects?

User Account

All Pages