Companies like Walmart that assert a "more for less" strategy are using value-based pricing.
What is value-based pricing?
- Value-based pricing is a method of setting prices that is mostly based on how much a consumer thinks a product or service is worth.
- Value pricing is which means that businesses set their prices in accordance with what consumers think a product is worth.
- Value-based pricing differs from "cost-plus" pricing, which computes prices after taking manufacturing costs into account.
- Companies that provide distinctive or highly desirable products or services are better positioned to benefit from the value pricing model than those that sell primarily commoditized goods.
- The value-based pricing theory primarily applies in marketplaces where owning a product improves a customer's self-image or enables unmatched life experiences.
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Westerlies blow west to east picking up warmth from this current and carry it to Europe. There aren't any (large) mountain ranges that can block the winds so they are felt far inland. They carry moisture giving their region rainfall.
The answer is A. <span>The 1908 Springfield riot
NAACP stands for </span><span>National Association for the Advancement of Colored People, an organization that aimed to ensure the equality of colored people in term of economic, social, educational, and political rights.
The springfield riot of 1908, was happened due to race based hatred, so the NAACP was established in order to make sure such occurrence would never happen again.</span>
