Price is one the elements of the marketing mix that generates revenue, while the other elements generate costs. It is one of the easiest elements to adjust. It takes a lot of time and money to adjust the other elements like product features, channels and even promotion. Traditionally, the price of a product was a major determinant of buyer choice. Although non-price factors have become important, still price remains as the most important determining factor of market share and profitability. Companies do their pricing in a variety of ways. In small companies the prices are often set by the Boss or the Owner of the company. In larger companies the price is handled by division and product-line managers. Even here the top management sets the general pricing guidelines and policies which the managers should keep in mind while pricing their product. Setting the price: The company must set is price in accordance with the value delivered and perceived by the customer.
If the price is higher than the value then the company will miss potential profits and if the value is higher than the price, then the company will fail to harvest potential profits. Selecting the price objective: The company should first decide where it wants its position in the industry. The clearer a firm’s objectives the easier it is to set the price. Determining the demand: Each price will lead to a different level of demand and therefore have a different impact on a company’s marketing objectives. The relation between alternative prices and the resulting current demand is captured. In normal conditions, demand and price are inversely proportional, the higher the price the lower the lower the demand and the higher the demand the lower the price. Companies want to work with customers who are less price-sensitive. But, the internet on the other hand has increased the price sensitivity of people. If shopping online if one visits two or more websites, then looking for the same product, he will buy from that website which sells the product for the lowest price. Estimating costs: Demand sets a ceiling on the price the company can charge for its product. Costs set the floor. The company’s costs take two forms fixed and variable. Fixed costs do not vary with production or sales revenue. But, variable costs vary with the production. The more the company produces the more the variable costs. Analyzing the price of the competitors: A company must always keep in mind the price of its competitors. It should consider whether the price change will initiate a price-war. Our network spans 3 continents and several countries. We offer three kinds of services: Assignment Help, Thesis Help and Online Tuitions for students in their college or University.
Write a simple algorithm in pseudo-code that lists the program’s input, output, and processing components in a logical, sequential order. At this stage, do not show the tasks and subtasks within each component. Getting Started with Software Programming. Describe the top-down approach to algorithm writing. How is pseudo-code used to assist in writing an algorithm? Why is spaghetti code considered a problem? What are the three control structures that are the basis for writing a program? Create and post a screenshot of the Current Course Score and Completion Status for this module. What are the key steps in the programming process (see the reading in the Prelude to Programming text)? What do you all think are some common errors that might creep into the process? Exercise 1-7 (Jake’s Problem) from the Working with Visual Logic text. 1-7. Jake’s Problem. Jake has a car with an 8-gallon fuel tank. 60 miles to a friend’s house. Jake can drive on a full tank of gas. Exercise 1-7 (Jake’s Problem) from the Working with Visual Logic text. 1-7. Jake’s Problem. Jake has a car with an 8-gallon fuel tank. 60 miles to a friend’s house. Jake can drive on a full tank of gas. Explain what is meant by a modular approach to programming. Why is this approach important?
Get help for Argosy-University PSY 430 Homework Help. By Saturday, June 10, 2017, respond to the discussion question. Submit your responses to the appropriate Discussion Area. After moving from a big city to a rural setting, Janice is suffering from anxiety and depression because of adjustments to the change. She wants to seek counseling services to help her adjust. Janice has always valued her privacy and is finding it difficult to commit to seeing a counselor in a rural setting. The community has only one mental health counselor. Janice fears that if she begins counseling sessions, people will learn that she is undergoing therapy. In addition, Janice is a devoted Catholic and is aware that the counselor is a devout Jehovah’s Witness, as is most of the community. Janice is apprehensive that the counselor might try to encourage her to convert. She is desperate to talk to someone and does not know where to turn.
Identify the ethical standards of the APA or ACA code specific to Janice’s concerns that the counselor should follow to provide professional and ethical services. Identify specific sections of the ethical code, described in your own words, which may apply to Janice’s situation. Describe, using the scenario, why ethical standards are important for client progress. Read the section “Course Case Study” and analyze the behavior of the counselor, as a professional, that you consider unethical or unprofessional. Write a brief summary of the questionable behavior. Substantiate the summary with reasons for your analysis. Next, identify how the counselor may have been in violation of the ACA Code of Ethics. Give the number and definitions of specific violations and compare these violations to the APA ethical standards. In relation to these specific violations, describe the similarities or differences in the ACA and APA ethical codes. Finally, select an ethical decision-making model from those in your readings and apply the model to a minimum of one ethical dilemma you identified in the course scenario. Your paper should be at least 4 pages long, not counting the title page and the reference page.