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What competitive factors must the small firm consider when establishing prices?
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What is the theory of competitive pricing?
setting a price by reference to other prices of comparable competitive products.
Whenever there is competitive rivalry what do prices tend to do?
Drop.
What can happen to prices in a competitive market when demand increases as supply remains the same?
increase in prices
How are prices set in a perfectly competitive market?
By Market Force
Can a perfectly competitive firm set a price for its products that is above marginal cost?
A perfectly competitive firm would set its prices at a perfectly competitive price.
Where can one find competitive carpeting prices?
A person can find competitive carpeting prices from several different places. Some of these places include Carpet One and Competitive Commercial Carpeting.
What is the theory of competitive pricing?
setting a price by reference to other prices of comparable competitive products.
What factors should the company consider when setting prices for their products at home and in the new market?
affordabilit, warranty, put aside the greed
What is the concept of cost of acquisition of assets?
What is THe conept Of establishing prices?
How do you decide on the prices they charge to their customer's?
Prices are typically determined based on factors such as production costs, competition pricing, market demand, and the perceived value of the product or service. Companies may also consider pricing strategies like cost-plus pricing, value-based pricing, or competitive pricing to set prices that are attractive to customers while still generating profits. Regularly reviewing and adjusting prices based on changes in the market or customer preferences is also important for maintaining competitiveness.
What is the main advantage of establishing per-item prices on an order and pricing form?
The main advantage of establishing per item prices on an order and pricing form is for the customer can tailor to their budget.
Is it true that a good supplier asks competitive prices?
no
Whenever there is competitive rivalry what do prices tend to do?
Drop.
What are the various factors that should be considered when conducting a competitor's analysis?
When conducting a competitor's analysis, it is important to consider factors such as their market share, pricing strategies, product offerings, marketing tactics, target audience, strengths and weaknesses, and any potential threats they pose to your business. Understanding these factors can help you identify opportunities for differentiation and competitive advantage in the market.
What can happen to prices in a competitive market when demand increases as supply remains the same?
increase in prices
Are there online stores selling Google android tablets at competitive prices?
There are a number of online stores selling android tablets at competitive prices. They can be found at low prices from Amazon, eBay, Best Buy, Target and Walmart.
What should I consider while looking for a business broadband provider?
When choosing a business broadband provider, people should consider the following factors: prices, bundling / package options, reputation and reliabity.
