Evaluate the demand price elasticity for particular product

Reference no: EM132192508

Question: You are writing a report to a store manager who wants pricing recommendations (increase, decrease, remain the same) for a particular product. This is a research paper to qualitatively evaluate the demand price elasticity for a particular product at a particular retail location based on identifying the number and closeness of substitute products. Pick a product that interests you at a specific location. (ex: DeLonge Toaster Oven, Macy's, Northridge Fashion Center.) Identify the closest substitute products at the same location, and the same or similar group of products at the nearest geographic alternative stores (two to three). Get price and quality information of all products at all locations (some may be NA - not available) You may use online as an alternative location but not your main location.Introduction: Describe your research project.

Reference no: EM132192508

Questions Cloud

Analyse available purchase methods : Individual Video Project - Identify and analyse the need and want that led to the purchase of the FMCG product - Evaluate alternatives and narrow down

How each facet impacts on the organization : Describe the facets of Crisis Management and how each facet impacts on the organization.

When did the civil war become inevitable : Essay questions write an essay of five to seven paragraphs about one of the following topics. When did the civil war become inevitable?

Why did the united states go to war in iraq : Which counties does Bush identify specifically as working closely with the United States? Why might he focus on these countries?

Evaluate the demand price elasticity for particular product : You are writing a report to a store manager who wants pricing recommendations (increase, decrease, remain the same) for a particular product.

Do you agree or disagree with dalrymples analysis : How does the author respond to the theories of cosmopolitanism and anti-cosmopolitalism? Do you agree or disagree with Dalrymples analysis?

What is the concept of influence process : What is the concept of influence process? How do you find these concepts and how they are used daily?

Analyze data to assess changes in fiscal and monetary policy : Utilize current economic indicators to assess the state of the Canadian economy. Current data should be used to forecast the short-term performance.

Different types of budgets discussed : Consider the different types of budgets discussed in the chapter. Which type of budget appears to be the most important to Tom and Eddie's CFO?

User Account

All Pages