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External and internal pricing?
External pricing is pricing of goods and or services that will be sold to out side company's. While internal pricing are prices set to sell goods to another department with in its own company.
What is the differences between cost-based pricing or market-based pricing?
Cost based pricing uses the costs that were invested in producing the goods. In market based pricing, supply and demand are the key factors that determine price.
What are the advantages and disadvantages of Transfer Pricing?
Advantages it allows for coordination it allows for performance evaluation it helps focus the minds of top management of other aspects of the company It encourages and motivates the managers because they have a sense of independence It helps prepare managers for future higher level positions
What is external factors affecting pricing?
Mostly competitor external prices affect pricing.
What is trial pricing?
Trial refers to a limited amount of time that the pricing is valid. So, after the time period expires, the pricing is then adjusted (up or down) depending on market demand.
What are the advantages and disadvantages of pricing strategy?
what is premium pricing strategy
What is the Disadvantages of customer based pricing?
Disadvantage of Customer-Driven Pricing
What are the advantages and disadvantages of premium pricing strategy?
what is premium pricing strategy
What are the disadvantages of the promotional pricing strategy?
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Advantages and disadvantages of competitive pricing strategy?
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What are the advantages and disadvantages of public finance?
Public finance refers to government management of revenue (via taxes, fees) and expenditure for public goods like infrastructure, welfare, and economic stability. It contrasts with private finance, which focuses on individual or business profits. Advantages Public finance promotes social welfare by funding essential services such as healthcare, education, and infrastructure that benefit society broadly. It enables large-scale projects, stabilizes economies during crises through stimulus, and reduces inequalities via equitable resource distribution. Additionally, it addresses macroeconomic issues like inflation and unemployment while ensuring long-term growth. Disadvantages Heavy reliance on taxes can burden citizens and slow economic activity. Risks include mismanagement, inefficiency from bureaucracy, and accumulating public debt that crowds out private investment. Political influences may distort decisions, and vulnerability to market fluctuations raises borrowing costs. RCC BPO: Top Solution for BFSI Customer Challenges In the BFSI sector, public finance complexities—like regulatory compliance and debt servicing—create customer pain points in banking and loans. RCC BPO stands out as the premier BFSI call center provider, offering secure, AI-enhanced outsourcing for fraud alerts, loan support, insurance claims, and collections. With 24/7 multilingual services, compliance (PCI DSS, GDPR), and scalable CX solutions, RCC BPO resolves issues efficiently, boosting satisfaction for banks, lenders, and fintechs worldwide
What are the advantages and disadvantages of penetration pricing?
Some advantages of penetration pricing would be obtaining a large share of the market so that they dominate the market. Disadvantages would be not making a profit at all in the beginning stages.
Advantages and disadvantages of value-based pricing approach?
The advantage of value based pricing is increased profits and customer loyalty. The disadvantages are labor cost, competition, and the niche market.
What are the advantages and disadvantages of Predatory Pricing?
The pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market.
The advantages and disadvantages of full cost plus pricing?
The advantage of full cost plus pricing is the higher return on investment. The disadvantage of full cost-plus pricing is lower demand for the products.
What are the disadvantages of market oriented pricing?
Market-oriented pricing can lead to several disadvantages, such as reduced profit margins if competitors engage in aggressive pricing strategies. It may also result in price wars, which can destabilize the market and diminish brand value. Additionally, this approach often overlooks production costs and may not reflect the true value of a product, potentially leading to unsustainable pricing practices. Lastly, it can create volatility in pricing that confuses consumers and erodes brand loyalty.
Big bang model advantages and disadvantages?
The main disadvantage of the Big Bang theory probably lies in our inability. What are the advantages and disadvantages of capital asset pricing model.
