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elena55 [62]
2 years ago
15

Describe a pricing decision your company has made. was it optimal? if not, why not? how would you adjust price? compute the prof

it consequences of the change
Business
1 answer:
tatyana61 [14]2 years ago
8 0

General Motors company  have embraced many of the competitive price decisions. For instance , a simple pricing strategy.

Simple pricing strategy approach involves setting  of prices which  depends upon what your rival companies are offering as well as maintaining the quality of the products and services  offered by you.

In this case, you should increase the number of sales by initiating different types of discounts.

This price decision taken by simple pricing strategy is optimal since it has maximized the profits on all products and services offered by General Motors Company.

Price adjustments could be made by understanding our customer needs and the quality of the product or services the customers want. The profit consequences in terms of price adjustment are relatively high since we are able to exceed the production than the demand.

To know more about simple pricing strategy here:

brainly.com/question/17230940

#SPJ4

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Suppose Chef Kitchen manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $ 28 . Chef Kitchen project
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Answer:

production schedule for July = 815 10-inch skillets

Explanation:

price of 10-inch skillet $28

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Law Incorporation [45]

There are different kinds analysis. The next step in the marketing planning process would be Identifying and evaluating opportunities and involves using STP (segmentation, targeting, positioning).

<h3>What is Identifying and evaluating opportunities?</h3>

The steps of the strategic marketing process includes mission, situation analysis, marketing plan, marketing mix, and implementation and control.

The third step in the marketing planning process, following the situation analysis, is known to be the steps where one has to identify the various opportunities by using STP which is Segmentation, Targeting, and Positioning.

See full question below

After a firm has conducted a SWOT analysis, it would typically progress to the next step of marketing planning which is _______ and involves using STP (segmentation, targeting, and positioning).

A. defining the mission

B. conducting a situation analysis.

C. identifying and evaluating opportunities

D. implementing the marketing mix

E. evaluating performance

learn more about  marketing planning process from

brainly.com/question/8638255

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