Pricing Decisions - Essay Example

Only on StudentShare

Extract of sample
Pricing Decisions

Article 5 aims to find out the methods of setting prices which are dominating Slovenian business practice. Introduction The articles deal with the pricing practices and strategies in various businesses. As stated in article 1, the businesses and consumers have perfect knowledge of the marketplace but actually they lack the perfect knowledge. This makes the establishment of a pricing policy necessary. Article 2 is based on examining pricing for new product price decisions. It is basically the study of the three pricing practices with respect to competition, costs, and customer value. Article 3 states that products have been divided into four categories such as specialty, preference, convenience, and shopping. The research in this article is basically on the pricing strategy for the various product categories. The relevant strategy was selected as per the literature of the paper that is penetration and skimming strategy. Article 4 deals with the pricing of a short license for software service. Earlier, firms in this industry used to do the pricing based on the usage of resources. As computer hardware became fast and cheap the business model remained no more significant. With the recent spread of complex enterprise software, the cost of software maintenance and deployment has increased again. Therefore, the pricing scheme had been termed as subscription pricing. ...Show more

Summary

 Pricing Decisions Abstract Article 1 is based on the study of pricing practices and policies by small business owners/managers in northeast Louisiana. Article 2 relates to examination of the success of pricing practices of a new product and the conditions upon which contingency of success lies…
Author : qrutherford
Save Your Time for More Important Things
Let us write a custom essay on your topic
"Pricing Decisions"
with a personal 20% discount.
Find out more

Related Essays

Manac Plc. Models and concepts affecting the pricing decisions taken by organizations, critically reflecting upon their usefulness.
The Maniac Plc deals with the sale and production of normal electrical goods. A full evaluation of costing requirements has conducted by the organization to recognize those regions which have not met financial plan expectations. The models and concepts which affect the pricing decisions of a firm are management accounting decisions.
12 pages (3000 words) Essay
Strategic Management Accounting: the reasons for the lower than expected profits of Manac Plc
Strategic Management Accounting (SMA) refers to the prerequisites and the investigation of facts related to management accounting regarding a particular business along with its contenders. This form of accounting proves to be greatly advantageous as it helps in the formulation and the examination of the business related strategy.
11 pages (2750 words) Essay
Traditional accounting pricing tools are not fit for the 21st century
The focus in this paper is on pricing strategy as the main part of every business. For any business the key factor is to set a differentiating image in the mind of the customer and once that differentiating factor is set in the minds of the customer one can easily play on prices of the product. However for this purpose one needs to have a grip on appropriate pricing strategy to get the best results.
18 pages (4500 words) Essay
Adjusting entries.
Abstract Accounting is a business discipline that helps organizations accurately track the economic business activity that occurs within the company during specific periods of time. The functionality of the double entry journal system relies on the application of a specific logarithm known in the accounting world as the accounting cycle.
3 pages (750 words) Assignment
Capital Asset Pricing Model
This concept holds that an investor’s time value of money and level of risks must be considered while rewarding him. These factors are generally computed using a risk measure called beta. Although the CAPM is widely used for anticipating the feasibility of an investment decision, this model has a number of corporate applications also.
7 pages (1750 words) Essay
Capital Investment Decisions
The Dodd-Frank Act is an economic policy passed in the United States in response to the recent global recession. This Act brought tremendous changes to the American financial regulatory environment that can have a great influence on the nation’s financial services industry.
6 pages (1500 words) Assignment
CAPM (Capital Asset Pricing Model)
Capital Asset Pricing Model. CAPM (Capital Asset Pricing Model) The CAPM model has emerged to be one of the most important tools in making a fundamental decision related to the investment management. It measures the relationship between the expected rate of return and the risk involved in a particular investment The CAPM tool signifies the linear relationship between the non diversified systematic risks which is measured by beta ?
7 pages (1750 words) Essay
Pricing Decisions
The agony is attributed to the fact that there are numerous variables and factors to be considered before arriving at a pricing decision. The underlying five articles seek to substantiate the efficacy of certain practical models used in actual context as tools for making pricing decisions.
4 pages (1000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT