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Good detail on pricing, and there is alot to study on this topic. Arriving at a final price for your product/service is a complex process and it goes much deeper than comparing to competitors. A good pricing strategy helps a company determine the price point at which they can maximize profits on sales of products or services. When setting prices, a business owner needs to consider a wide range of factors including production & distribution costs, competitor offerings, positioning strategies & the target customer base. While customers won't purchase goods that are priced too high, your company won't succeed if prices are too low to cover the business' costs. Along with product, place and promotion, price can have a profound effect on the success of your small business. what are some similarities and differences between skimming pricing, prestige pricing, and above-market pricing? Which one are you most familiar with?
A company's specific mix of individual employees combines to help produce an organization's culture and feel. In this assignment, you will evaluate how an unbalanced mix of employees can affect a company.
Weekly demand for electric motors at a Japanese motor manufacturer is normally distributed, with a mean of 1,000 and a standard deviation of 1,000. Motors are currently assembled in China and delivered at a cost of 20,000 yen/motor. The motor manufac..
You talk with Mike and Tiffany at lunch. "You've done some great research and brought up some good ideas to implement in the presentation," you say.
What are the three most significant implications that human resources profesionals face concerning globalization on employees of US companies?
“Groupthink” is an agreement-at-any-cost mentality that results in ineffective group decision making.
Re-solve the previous problem, the first two parts (What order size would minimize the sum of annual ordering and carrying costs?
Which resource is the bottleneck? What is the utilization of the employee at activity 3?
What are the trade-offs for each of these potential options? What lessons can be learned from Clayton's situation?
Find a company that has dealt with the impact of poor quality.
What if anything do you think it says about the ethics of a company that decides to relocate to or to remain in a country where "gratuities" are the order of the day?
Consider a company that has a facility located in your local area. Why do you suppose the company chose that location?
What are some of the benefits of imporoving employee financial literacy?
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