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What is a price what are the factors to be considered when setting a price what are general pricing approaches?

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What are some general pricing approaches?

General pricing approaches include cost-plus pricing, where a fixed percentage is added to the cost of production; value-based pricing, which sets prices based on perceived value to the customer; competition-based pricing, which aligns prices with those of competitors; and dynamic pricing, where prices fluctuate based on demand and market conditions. Each approach has its advantages and is chosen based on market strategy, target audience, and overall business goals.


What are the different pricing methods in international marketing?

Bid Pricing Cost Plus Pricing Customary Pricing Differential Pricing Diversionary Pricing Dumping Pricing Experience Curve Pricing Loss Leader Pricing Market Pricing Predatory Pricing Prestige Pricing Professional Pricing Promotional Pricing Single Price for all Special Event Pricing Target Pricing


Behavioral and traditional approaches in international relations?

traditional approach versus behaviorists


Describe some approaches in international business that are not practical today?

What is the characteristics of dash


What is the EPRG framework with regard to different approaches to international marketing?

Raj-09126608611


What has the author K Macharzina written?

K. Macharzina has written: 'European approaches to international management'


What are the three approaches of international perspective of crime?

Historical Approach, Political Approach, Descriptive Approach


What has the author Vincent A Mahler written?

Vincent A. Mahler has written: 'Dependency approaches to international political economy' -- subject(s): Dependency, International economic relations


What are the four approaches to security?

- unlimited self-defense - limited self-defense - international security - abolition of war


Contrast the three general approaches to setting prices?

There are four general pricing approaches:1) mark-up pricing - is to have a fixed mark-up on the cost of the product to set the price, ex: retail stores2) value-based pricing (demand-based pricing) is setting price based on buyers' perceptions of value independent of cost, ex: Louis vuitton and rolex (nobody ever questioned how much it costs to make a rolex cost, price is not in relation to cost. people base it on how many people have it, brand name)3) value pricing: is offering the right combination of quality and good service at a fair price, ex: value meal menu4) comepetition-based pricing: is to set price following that of the industry leader ex: breakfast cereal (ex: kellogs)


What has the author Lars Nieckels written?

Lars Nieckels has written: 'Transfer pricing in multinational firms' -- subject(s): Heuristic programming, International business enterprises, Mathematical models, Transfer pricing