Price Justification

Generally, the personal research assignments, which are aligned with the chapters we are studying, and the Business Group Projects you are working on, will require you to do some personal research. Your personal research will be required to complete each written assignment, and will contribute to your group preparation for the presentations periodically due. Your response to the outline below should be both thorough and substantive. While there is no particular word count requirement, your score will be determined by the amount of thought and research used in your response.

 

 

Price

How will your product be priced?
What are the current pricing trends?
What is your pricing strategy? Why did you select this strategy?
How does your price compare to your nearest competitor?
What will you do in response to a price change by your competitor?

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