Pricing policy is the method by which a store manager say decides on a sale price for a good examples;
1. cost plus pricing : taking the cost price of the good and adding the desired profit margin
2. premium pricing : if a good is in high demand, ie something with a well known brand name, then a premium price can be set as people will want to purchase the item anyway.
From a supermarket pricing policy, one would expect transparency in pricing, consistent pricing across different locations, competitive pricing strategies to attract customers, and adherence to legal regulations regarding pricing and promotions.
Which pricing policy adopted by nike in south African country?"
about $6.00
Globally, Heineken utilizes the premium pricing policy. This is effective as the Heineken brand is unique to that of competitors.
if a customer complanied about an assocaiate in your store pricing or a policy what would you do
Yes, some Toyota dealerships offer a no-haggle pricing policy, which means the price listed is the final price without any negotiation.
See the link on Pricing & Benefits for Calfornia
if a customer complanied about an assocaiate in your store pricing or a policy what would you do
tranfor price
There is lots of answers to this but the meaning of Policy means a general plan of action.
Yes, monopolists have a pricing policy, as they are the sole producers of a good or service in the market and can set prices without competition. They typically maximize profits by determining the price at which marginal cost equals marginal revenue, allowing them to control supply and influence market demand. This pricing strategy often leads to higher prices and lower output compared to competitive markets. However, the specific pricing policy can also be influenced by factors such as consumer demand, potential regulation, and market conditions.
Michael Gordon Webb has written: 'The economics of energy' -- subject(s): Economic policy, Energy policy, Power resources 'Pricing policies for public enterprises' -- subject(s): Government business enterprises, Pricing