What do you believe is the source of the difference

Assignment Help Financial Management

Reference no: EM133692536

Homework: The Value and the Disrupter

The products are your (each student's) choice. A student selects a product (five in total), describes the price they would pay, the value associated with the product, and the difference between the two.

I think I used a dry erase marker in class to demonstrate the price ($1) vs the value (varies - nothing for some, $1-3 for some, and more than $5 for others), and the difference was because various options or no use, but if I needed one, I would pay more because the value has changed. The next column is the actual price such as Walmart, Amazon, Ali Express, etc. The price difference is what was listed in the second column vs the actual price. The fourth column explores how technology disrupts value. In the case of the dry erase marker, if we switched to a digital board, the value of the dry erase marker would be nothing because I would have no use for the product.

Product	What would I pay? What is the value? What's the difference?	Actual price found online (or price range) with source	The price difference	How can technology disrupt the value?
Product A:
Product B:
Product C:
Product D:
Product E:

Answer the following questions:

A. What are the differences between your pricing estimates and actual pricing?

B. What do you believe is the source of the difference?

C. As a consumer, do you care about the price of certain items than others? Why?

D. What influences your level of concern/perspective about price? How does tech impact this influence?

E. In this exercise, did you learn anything that surprised you?

Reference no: EM133692536

Questions Cloud

Which can be expanded into a comprehensive risk analysis : The contingency plans section discusses risk assessment and mitigation strategies, which can be expanded into a comprehensive risk analysis.

Patient with history of moderate ulcerative colitis : A patient with a history of moderate Ulcerative Colitis has not improved since her visit 6 weeks ago returns to your office with ongoing complaints

Reflect on potential opportunities and space within industry : Reflect on potential opportunities and spaces within the industry. Example - Spindrift is now creating alcoholic seltzers under their brand.

Hospitalized due to concern for obstruction : Your patient has recently been diagnosed with Crohn's Disease after being hospitalized due to concern for an obstruction.

What do you believe is the source of the difference : What do you believe is the source of the difference? As a consumer, do you care about the price of certain items than others? Why?

Ethical decision-making model can alleviate the challenges : An ethical decision-making model can alleviate the challenges of making difficult decisions.

Prepare a plan for responding to the type of incident : Explain how management, communication, and collaboration between agencies during the incident align with the guidelines in the National Response Framework

Devices to measure vitals and glucose levels : Currently, home health services use devices to measure vitals and glucose levels.

Colostomy has not been working as usual : Lately, the colostomy has not been working as usual and she is having some tests later in the day. Which nursing assessments will you conduct?

User Account

All Pages