Identify a company that manufactures products or offers

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Reference no: EM132829320

Identify a company that manufactures products or offers a service.

Then take some time to investigate the company and their business.

-What products or services do they sell?

-Is the company a market leader? At the bottom? Or somewhere in between? What is your justification?

-What is the company's key objective (that is, are they focused on profits, market share, growth, brand positioning, etc.)?

-How do their products or services differ from those offered by the competition?

-What are some of their major expenses (fixed and variable) they incur on the products manufactured or services provided?

Choose a pricing strategy (competitive analysis, cost-based pricing, or value-based pricing) that the company you are analyzing should use to forecast its costs on items or services it will sell.

Once you have identified a pricing strategy, and have come up with a price for a product or service, complete the cost + profit formula.

Submit a one page summary in which you:

-Identify the pricing strategy selected.

-Explain why that strategy was selected.

-Share the cost + profit formula using the information you gathered from your investigation and the results. explain how you came up with the cost based on the information.

Reference no: EM132829320

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