Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. 1.) discuss how company’s use price to communica

1.) Discuss how company’s use price to communicate perceived value and as consumers how we view...

60.1K

Verified Solution

Question

General Management

1.) Discuss how company’s use price to communicate perceivedvalue and as consumers how we view brands that carry a higherprice.

2.) Discuss the advantages of using product placement instead ofadvertising to promote specific product and brands.

Answer & Explanation Solved by verified expert
3.8 Ratings (644 Votes)
1 Companies use pricing strategy at various stages of their product For example during introduction the companies may use their pricing strategies to establish one or more generic strategies for their product However once the company gains a certain level of awareness it uses various means to indicate their brand value This is in    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

A haulage firm has 24 lorries, 15 of these are articulated i) What is the probability...

Finance
1.2K views

Explain four problematic situations that will make determining incremental cash flows difficult.

Mechanical Engineering
1.2K views

At steady state, 100 m^3/min of dry air at 32 C, 1 bar is mixed adiabatically...

Basic Math
1.2K views

Interpret a p-value of 0.005.This means that there is 0.005 probability for the null to...

Calculus
1.2K views

4 2 X 2 2 X y f x 6 8 a On what interval...

Accounting
1.2K views

Which of the following statements about the statement of cash flows is not correct? ...

Accounting
1.2K views

mework Saved Exercise 9-14 Honoring...

Accounting
1.2K views

A decrease in government spending will shift the IS curve to the left. A True...

Accounting
1.2K views

Osage, Inc., manufactures and sells lamps. The company produces only when it receives orders and,...

Finance
1.2K views

Inflation protection question 1That is, if subsequent national inflation were x%, you want to...

Finance
1.2K views

Income versus Cash Flow. Butterfly Tractors had $14 million in sales last year. Cost of...

Finance
1.2K views

identify and discuss key factors that a company should consider in evaluating whether to pursue...