Price Strategy Price is the amount of the money customers have to pay to obtain the product. The value that received from the product must be higher than the value that customers pay for exchange its goods and services. Price does affect customers’ choice in the products or services. Customers today are willing to pay more because the higher price means higher quality one brand offers to them. As the product passes through its life cycle‚ its pricing strategies usually change. For each stage of
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ROLES AND RESPONSIBILITIES Roles and Responsibilities are defined as rights‚ obligation and expected duty to be done within the relationship‚ life long learning is the learning that between any relationship. 1.The Roles and Responsibilities: The learner will understand the own role and responsibilities in life long learning. All learners ‚their progress and development‚ their goals and aspiration and
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minutes 30 50 minutes 10 15 minutes Weightage by content Unit No 1 2 3 4 6 7 8 9 10 3. 6 6 10 10 Mark Unit Sub-Units Introduction Consumer Equilibrium and Demand Producer Behaviour and Supply Forms of Market and Price determination National income and related aggregates Money and Banking Determination of Income and employment Government Budget and the economy Balance of Payment Total Marks 4 18 18 10 15 8 12 8 7 100 Difficulty level of the
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The Media and Its Responsibilities SOC 120 Introduction to Ethics & Social Responsibility The media has become a major factor of our times and the influence it has on people young and old. You would think that the world has enough influence all around them during their everyday lives and then we come home and turn on our televisions‚ pick up a newspaper‚ a magazine‚ or even the computer and it is all right there. Over the years the media has been more open and I believe that has
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The Problem of Rising Prices Price rise is a world phenomenon today and inflation is affecting every section (rich and poor) of society. About three decades ago we could purchase wheat at thirty rupees a quintal‚ but today we cannot get it at less than three hundred rupees a quintal in big cities. Everything was within the reach of man until a few years ago. Today there is no limit to the price rise of all kinds of items. Millions of people in the world have to go hungry. They have to work hard
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THE PROBLEM OF RISING PRICE There is the problem of rising price all over the world. But this problem is more serious in India than anywhere else. It is the greater curse to the poor class. The following facts have causes the price rate in India. India is a back ward country. Production is not enough to meet the needs of the people. So there is shortage of every thing. It causes rise in price. India is facing the greatest problem of over- population. But
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oligopolists don’t match price changes. The second (B) prevails if rivals do match price changes. Price ($) $10 9 8 7 6 5 4 Demand A 3 2 1 Demand B 0 2 4 6 8 10 12 14 Quantity (units per period) a) By how much does quantity demanded change if price is reduced from $10 to $4 and i) Rivals match price cut? ii) Rivals don’t match price cut? b) By how
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DUTIES AND RESPONSIBILITIES 1 DUTIES AND RESPONSIBILITIES OF LEADERSHIP POSITIONS As everybody know‚ to be responsible and accomplish with your duties‚ is one of the most important things around the world in the labor area. Without being responsible and do whatever you are supposed to do‚ practically‚ you are out of your job. As and future officer of the United States Army‚ we must know which ones are our duties and responsibilities in order to accomplish them and make our team look sharp and right
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4.4ai. The price elasticity of demand is given to calculate the new price. The fruit stall has 100 peaches initially but 10 peaches are rotten. It means the number of remaining peaches is 90 units. Therefore‚ the question provides the factors such as initial quantity‚ new quantity‚ initial price which are 100‚ 90‚ 1 respectively. Let the new price be x. Therefore‚ we will choose $1.2 per unit as the new price to sell the remaining peaches. 4.4aii. Case 1: If I do not discover the
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Assignment 1 Man11 Mark Coughlan 19594135 The mangers most basic responsibility is to focus people toward performance of work activities to achieve desired outcomes. A manager is someone who works with and through other people by co-ordinating their work activities to accomplish organisational goals. (Robbins‚ Stagg‚ Coulter‚ 2003‚ p.10) This definition states‚ the fundamental responsibility of a manager‚ is to accomplish the organisations objectives by ’getting things done through people’. There
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