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What are two factors the supplier will consider when establishing a price for you?
When establishing a price, a supplier will consider the cost of production, including raw materials and labor, to ensure they cover expenses and achieve a profit margin. Additionally, they will assess market demand and competitor pricing to remain competitive while meeting customer expectations. These factors help balance profitability with market positioning.
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What competitive factors must the small firm consider when establishing prices?
When establishing prices, a small firm must consider the pricing strategies of competitors, including their price points and product offerings. Additionally, the firm should assess its unique value proposition to determine whether it can justify a premium price or needs to compete on cost. Market demand and customer price sensitivity are also crucial, as these factors influence how much consumers are willing to pay. Finally, the firm should consider its own cost structure to ensure profitability while remaining competitive.
Economic factors to be considered in establishing pineapple orchard?
Economical factors to be considered when establishing pineapple orchards are; the price and upkeep of the land. Plus growing and reaping the pineapples and maintenance of staff.
How is supplier cost related to supplier price?
Supplier cost is usually lower than supplier price because once something has been bought, the supplier would mark up the price in order to make a profit.
Supplier price response to excess demand?
supplier would increase the price
What is the price per therm for LNG in the UK?
That depends on who your supplier is ! Every supplier will set their own price.
What factors should I consider when buying CDs?
When buying CDs, consider factors such as the artist, genre, album reviews, sound quality, and price.
What are 3 factors to consider when shopping for food?
Price Healthiness Likeability
How much is price cool plus yarn spend with the cotton system 30Ne?
The price of Cool Plus yarn, specifically with the cotton system at 30Ne, can vary based on factors such as supplier, market conditions, and order volume. Typically, you would need to contact a yarn supplier or manufacturer for the most accurate and current pricing. Additionally, consider that prices may fluctuate, so obtaining a quote for your specific needs is advisable.
What is an opening price point?
lowest price supplier can offer
When doing a search for trucks, what are the most important factors to consider?
Price, reputation of manufacturer, length of warranty, and fuel economy are the most important factors to consider, in my opinion.
What is the price of beryllium copper in Ontario?
The price of beryllium copper can vary depending on factors such as quantity, purity, and supplier. It is recommended to contact local metal suppliers in Ontario for current pricing information.
The amount a supplier is willing and able to supply at a certain price?
quantity supplied: amount a supplier is willing and able to supply at a certain price
