Quotables
AP COMPUTER SCIENCE PRINCIPLES
U5 Assessment 5 on Friday, May 3 - yes redo's
Post AP material
Please fill out every day when you come into class...on weekends too.
Imitation Game is on Netflix
H STRATEGIC MARKETING
Will be Due May 31st
Pricing Project - HSMPricing Project Rubric
Let's chat a bit more about it.
5.02 - Pricing cont
Prices are important because they determine revenues and ultimately profits for a company.
Managers use a four-step process to set prices.
Establish pricing goals.
Estimate demand, costs, and profits.
Choose a price strategy.
Price skimming
Penetration pricing
Status quo pricing
Fine-tune the base price with pricing tactics.
Price adjustments
Discounts
Allowances
Rebates
Value-based
Geographical pricing
Unique or other pricing tactics
Product line pricing
An important consideration in the pricing process for managers is that of legal and ethical factors. These factors include:
Unfair trade practices.
Price fixing.
Price discrimination.
Predatory pricing.
Managers use a four-step process to set prices.
Establish pricing goals.
Estimate demand, costs, and profits.
Choose a price strategy.
Price skimming
Penetration pricing
Status quo pricing
Fine-tune the base price with pricing tactics.
Price adjustments
Discounts
Allowances
Rebates
Value-based
Geographical pricing
Unique or other pricing tactics
Product line pricing
An important consideration in the pricing process for managers is that of legal and ethical factors. These factors include:
Unfair trade practices.
Price fixing.
Price discrimination.
Predatory pricing.
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