Pricing strategies are penetration-competitive and skimming

Assignment Help Operation Management
Reference no: EM131731311

The three basis pricing strategies are penetration, competitive, and skimming. Each has its own objectives, although that may seem hard to believe for competitive pricing, where all firms price very closely to each other and try to compete on things other than price. Select an original example of a firm or product where the strategy assigned to you would be appropriate, and explain why: Skimming

Reference no: EM131731311

Questions Cloud

List the elements that make up the given events : List the elements that make up the following events: (1) A = at least two heads, (2) B = the first two tosses are heads, (3) C = the last toss is a tail.
Terms quality assurance and quality control : What is the difference between the terms 'Quality Assurance' and 'Quality control'?
Display the heap in a manner that the viewer is convinced : Build a templated max heap using alinked implementation. Insert 100 unique random int's into the heap. Display the heap. Then, delete the first 50 int's that we
How can you benefit your community and society : How can you benefit your community and society at large by implementing the methods and tools of intercultural communication and competency?
Pricing strategies are penetration-competitive and skimming : The three basis pricing strategies are penetration, competitive, and skimming.
Define pharmacokinetics and contraindications : Prepared a table that describe the therapeutic actions,indications,pharmacokinetics,contraindications, the most common adverse reactions
Explain how project lifecycle and project phases : Explain how project lifecycle and project phases are related to each other? Provide an example
Analyze the evolution of the key philosophies of wellness : How have the history and philosophical foundations of counseling contributed to current trends and professional issues in counseling?
What is your analysis of thomas greens actions : Case Memo to Thomas Green - What is your analysis of Thomas Green's actions and job performance in his first five months

Reviews

Write a Review

Operation Management Questions & Answers

  Complexity of the ethical considerations

How does the complexity of the ethical considerations affect the situation? Would it be less problematic if the ethical issues were clearer? Why or why?

  Describe economic models relevant to global business deal

Assume you are a business owner of a growing company that sells electronic goods, including calculators, MP3 players, computers, etc. You receive an email from a business contact in a country with an emerging market, such as Jamaica. She indicates sh..

  Adopted a body count strategy

During the Vietnam Conflict, the US adopted a “body count” strategy

  Invest money in the development of microbiological product

A company has to decide whether to invest money in the development of a microbiological product. The company’s research director has estimated that there is a 60% chance that a successful development could be achieved in two years. Construct a decisi..

  Distinguish between dependent and independent demand

Distinguish between dependent and independent demand in a McDonald's restaurant, in an integrated manufacturer of personal copiers, and in a pharmaceutical supply house.  What two basic questions must be answered by an inventory control decision rule..

  Microblogging messages function

Given the strict limits on length, should all your microblogging messages function as teasers that link to more detailed information on a blog or website? Why or why not?

  Multivariate technique would you use to production plan

You are the production manager for a car company. You are making a decision on your production plan for the coming year. There is limited production capacity in your plant. Based on consumer choice for automobile color, body style, and engine size, w..

  What argument do you think the department of defense

What argument do you think the Department of Defense, which opposed the Smith Amendment, made based on the PERSEREC study as to whether the USAA Article was unfair and thus not a basis for new restrictive laws

  Example of tunnel vision

Related to the confirmation bias, an example of “tunnel vision” would be:

  Additional responsibility to insure legal compliance

With HRM becoming a strategic partner, this has an additional responsibility to insure legal compliance in HRM practices. Choose an HRM function and identify HRM’s responsibilities related to legal compliance. Review a case study where compliance was..

  Complete the pro- jected available balance

The Shades Sunglass Company assembles sunglasses from frames

  Look through different mascots in sports

Look through different mascots in sports. For example, Native American mascots in sports can be offensive to individuals since they reinforce savage or degrading ideology. Research mascots from high school, college, or profession sport teams. Locate ..

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