Answer:
The strategic role of premium pricing is to create the perception that the products is superior to other competing products.
Explanation:
A premium pricing sets the price of a product higher than competing products. This strategy will automatically make the product stand out.
The economic circumstances that would encourage this pricing strategy include high demand for this particular product as well as a larger addressable market for it.
Generally speaking, increasing the price will also create better customer service, PR and clout. That will create an emotional connection with potential customers.
Creating and maintaining a premium brand with a steady and increasing premium patronage is the goal as suggested by Mark Williams for Roast Coffee.
Answer: Define Project Needs, Understand the Project Objectives, Define the Project Scope
Explanation: Project Scope is defined as the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.
The scope of the project should have a tangible objective for the organization that is undertaking the project
There are 3 main steps of project scope and they are:
1. Define Project Needs
2. Understand the Project Objectives
3. Define the Project Scope
Scope statement are the documentation of the scope of the project will explain the boundaries of the project, establish the responsibilities of each member of the team and set up procedures for how the work that is completed will be verified and approved.
The answer is true, just did a quiz with that question, answered true, and got it right. so it is most likely TRUE.
Hope I helped ^.^
Answer:
The answer is (B) how quickly the prices are rising
Bridget, the youngest owner of a family-owned restaurant, wants to make sure her company’s culture is embedded in their organization. In a recent trade show workshop, she learned that she can do this by having company rites and rituals, continuing to tell stories about company legends, and being a role model to her employee - True
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Explanation:</u></h3>
The expectations, philosophy and the values and experiences that an organisation has refers to the culture of an organisation. This is unique to each and every firm. These are considered as an important values that can be used as a guide in making the employees of an organisation to know about the expectations and the inner working of the particular organisation.
Culture of any organisation plays a major role in influencing the people who are working in it. In the given example, Bridget who is a owner of a restaurant want to make sure that the culture and values of the organisation are embedded within it. Thus, she also tells stories about the legends so that the employee can consider them as their role model.