What are the psychological pricing considerations

Assignment Help Finance Basics
Reference no: EM13302169

As you market yourself to employers, the salary you demand is essentially your personal price. Keeping that in mind, what pricing strategy should you follow (penetration, skimming, or competitive)? Why? Issues to consider:

a. Who is your target market?
b. How would you position your price to this market?
c. What are the psychological pricing considerations?
d. What are the image considerations?
e. What are the promotional considerations?

Be creative as you prepare your strategy, a novel approach could give you an edge in a competitive job market. Explain your pricing strategy.

 

Reference no: EM13302169

Questions Cloud

Determine the final volume of the gas in meter cube : A piston-cylinder assembly containing 1/4 kg of a gas undergoes a constant pressure process at 5 bar beginning with a specific volume of 20 m^3/kg. for the gas in the system the work is -15 kj. determine the final volume of the gas in m^3
Consequences of environmental surprise : Explain how the world can avoid the consequences of environmental surprise such as those created by the Fukushima power plant.
What are the external funding needs : They have $100,000 in notes payable due in July that must be repaid, or an extension renegotiated. Will they be able to pay off the notes?
What is monkeys toy asset beta : Monkey's Toy is 40% financed with long term bonds and 60% with common equity. The debt securities have a beta of 0.2. The company's equity beta is 2.15. What is Monkey's Toy's asset beta?
What are the psychological pricing considerations : Be creative as you prepare your strategy, a novel approach could give you an edge in a competitive job market. Explain your pricing strategy.
Find the percentage of the volume of the atom : The nucleus of the hydrogen atom has a radius of about 1.1 x 10-15 m. find the percentage of the volume of the atom that is occupied by the nucleus
What is this minimum object-image distance : What is the distance between an object and its real image formed by a thin converging lens with focal length f, if the object distance is p? What is this minimum object-image distance
Find the break-even point for a company : Supply and demand functions for a new broom are given by S(p) = p - 8 and D(p) = 90 - 3p, respectively, where p is measured in dollars. Find the price of the sweeper when the supply equals the demand.
Determine what is the lattice of the structure : A particular unit cell is cubic with ions of type A located at the corners and facecenters of the unit cell and ions of type B located at the midpoint of each edge of the cube and at the body centered position.

Reviews

Write a Review

Finance Basics Questions & Answers

  What should be the abcs stock price per share

ABC Company has a market/book ratio of 1.2 and a book Value per share of $18.8. What should be the ABC's stock price per share?

  Role and history of international accounting standards

Describe the role and history of the International Accounting Standards Board. Include an examination of the Board's evolution and stance on ethics issues.

  What is the return on invested capital

What is the Return on invested capital (ROIC) for the current year?

  How would the firm risk be affected by the different policy

In this problem, we assume that expected sales are independent of the current assets investment policy. Is this a valid assumption? Why or why not?

  What is your expected starting salary

Given the returns and probabilities for the three possible states listed here, calculate the covariance between the returns of Stock A and Stock B. For convenience, assume that the expected returns of Stock A and Stock B are 0.09 and 0.15, respect..

  Expected rate of return

Starlight, corporation must choose between two asset purchases. The yearly rate of return and related probabilities given below summarize the firm's analysis.

  What is the cost of equity for stan of the beta of the stock

Stan is expanding his business and will sell common stock for needed funds. if the current risk-free rate is 4% and the expected market return is 12%.

  What is northern cash conversion cycle

Cash conversion cycle: Northern Manufacturing Company found that during the last year, it took an average of 47 days to pay its suppliers, while it took 63 days to collect its receivables. The company's days' sales in inventory was 49 days. What i..

  What are projected sales for the last year before the sale

at which time the owners are planning on selling the company. What are the projected sales for the last year before the sale?

  Currency exposure with diversification

How would you evaluate the following statement: "A firm can reduce its currency exposure by diversifying across different business lines."

  What is the implied return on the company stock

Target Stock Price= $163.02 Assuming the company pays no dividends, what is the implied return on the company's stock over the next year?

  Compensating balances and loan interest rate

What is the effective interest rate on the typical loan with a nominal 8% interest rate and a 10% compensating balance?

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