CLA1

Questions 1: The objectives of procurement and purchasing function at the organization have evolved far beyond the traditional mantra of ensuring we "get a good price!" Discuss how this role has changed. Explain the major objectives of procurement and purchasing function in the organization. Provide relevant examples to support your answer Questions 2 Improving the Procure-to-Pay ("P2P") system involves automation of all transactional activities associated with the thread of events that occur from the time of buying a good or service, through the release mechanism, to the point of Issuing payment. Elaborate the steps in Managing the Procure-to-Pay Process. Provide relevant examoles to support your answer

Current Marketing Mix (4Ps) for WALMART Pricing Strategy How is your product or service priced today? Consider: · How does this compare to competitors? · How sensitive are your customers to changes in price? Place: Distribution Strategy What is your current distribution strategy? Consider: · How does the product get to market? · What intermediaries are involved in the distribution network?

identified Price competitiveness risk and purpose solution using Plan-Do-Check-Act cycle

Multiple choice: 1.‌when a company sets a price for the first time because of: A. Acquires new products, goods or services from an existing company locally or abroad B. Cost and competitors prices C. Maintain old price of a while to gain a strong foothold in a market D. Due to inflation and peso devaluation 2. Key pricing decisions except: A. Merchandise or gift B. Product sample C. An experience D. Price incentives

Q3) Pricing in practice are influenced by the following, except a. customer demand b. competitor's action c. predatory pricing d. discretionary pricing

Subject: Channel management Q6): What factors influence the consumer buying behaviour & why explain a: income b: comfort c: life style d: all of above

Multiple Choice Question, Select correct one : Question 1) Vendor selection requires: A) vendor evaluation and effective third-party logistics. B) vendor development and logistics. C) negotiations, vendor evaluation, and vendor development. D) an integrated supply chain. E) inventory and supply chain management.

Retail Price Comparison * Use U.S. dollars and stores located in the United States To demonstrate the wide variation in pricing of an identical item, visit three different stores online and compare prices on similar items. Please do not just get on Amazon and compare prices there for an item. Actually visit different independent store websites.  It might be really interesting to visit a local store's website and a national store's website, comparing pricing for the same item.    1.  Select a category of store. Some suggestions are: Grocery:   large chain store, local chain store, convenience store Health and beauty aids:   grocery store, drugstore, discount store Over-the-counter drugs:   chain drugstore, local drugstore, discount store Clothing:   specialty store, department store, discount store   2.  Select several items to compare in your category. For example, in the grocery category, you may want to compare a type of cereal, a canned soup, and a snack…

Toyota Motors is trying to assess the performance of two manufacturers that could supply music systems for its vehicles. Using the information in the table below determine which manufacturer Toyota should use and why? Toyota’s decision to choose the supplier is based upon what type of demand?   Performance Evaluation of Brands Issues Important weights Manufacture A’s performance Manufacture B’s performance Sound 0.4 5 3 Cost 0.3 2 4 Delivery Time 0.1 2 2 Brand cachet    0.2 5 1 Total 1

Please help me answer this, thank you in advance! Note: Please provide a specific company like nestle, unilever, zesto or any company will do.

can you please help me how to  find the 3 different pricing strategies that the Royal Ontario Museumuses and how are they used on the meusem ?

Explain the opportunities provided by digital channels for ZARA when launching new products. Explain two applications of dynamic pricing on the Internet. (ZARA, is a Spanish apparel retailer based in Spain.) use practical and real examples to explain.

List and explain four key influencers on pricing decisions .     A new customer ABC Ltd, wants to buy 500 units of your product, but is only prepared to pay RM4 per clock. This will not cover the total cost of making the product, but it will cover the variable costs – anything over RM3 makes a Provide and discuss three factors that you would take into account when deciding whether or not to take the order.

Why is it so difficult for buyers and sellers to agree on a price for a business?

What are the pros and cons of selling the champion brand? retaining the champion brand? which option would benefit HBI the most?

identified risks and purpose solution for each Price competitiveness risk of Lazada using Plan-Do-Check-Act cycle.

Q: Write the methods for determining pricing of new products?

How can we relate pricing and revenge management in a supply chain of nestle?

Briefly discuss the following Are Costco’s prices too low? Why or why not?

Question 11 Describe the following pricing strategies and give an example each: a) Two-part pricing b) Peak-Load pricing c) Commodity bundling d) Block pricing e) Versioning

5. There are four different approaches to setting an approximate price level for a product. Identify theone likely selected for STEM Player when it launched. Briefly explain your choice using appropriateterminology and facts from the case.      Approach                                                                                                                                      Explanation

Give example of any pricing adjustment strategy applicable to a particular service.

Understanding Pricing Strategies Question Content Area INTRODUCTION: How do companies price their products and services? Do they compare their prices with competitors? Do they offer discounted prices or premium prices? There are many angles to pricing strategies.   Question Content Area INSTRUCTIONS: You will agree with some of these statements and disagree with others. You may find it hard to make a decision, but you should go ahead and make a choice. Record your answers next to the statement according to the following scale: Strongly Disagree (1), Disagree (2), Agree (3), or Strongly Agree (4).     Strongly Disagree Disagree Agree Strongly Agree Question         1. A marketer does not need to be aware of the prices charged for competing brands.         2. It is not unusual for a business to charge different buyers different prices for the same quality and quantity of products.         3. Customers typically pay the list price on a car.…

a) Identify and describe this mobile phone’s (any mobile phone) pricing objective (pricing objective has 6 elements including Survival, Maximum current profit, Maximum market share, Maximum market skimming, Product-quality leadership, and other objectives). b) Identify two places (e.g., online stores, telecommunication companies, etc.) where this phone can be purchased. Compare their offers (price, package, trade-in option, payment plan, etc.) and explain in detail why this phone.(maximum 300 words)

Mo   a) Explain how you would obtain pricing from UKEP, given that you are an established distributor.  b) Your eText identifies several types of discounts that suppliers are prepared to offer. Identify and describe them. Which discounts might be applicable to you c) Assuming 3 employees in your Purchasing department, prepare a Table with reasonable estimates of the activity costs of placing an order with UKEP  ?

Pricing strategies are often carried out by companies in the industry to maintain their presence in the industry, especially for companies that have market power. a. What is meant by “Limit Pricing” and “Predatory Pricing”, are the two strategies different, explain the difference if any? b. The "Chain Store Paradox" generally occurs in which price strategy from the possible strategies in question a, explains the paradox?

What is captive-product pricing? What is this pricing tactic called in the case of services? Give examples.

HOW DOES COMPETITIVE PRICING STRATEGY WORK IN A WATER REFILLING STATION. WHAT INDUSTRIES/ MARKET HAS THE SAME STRATEGY?

For the following scenarios suggest a pricing strategy and justify why that strategy is most suitable for that business.  Scenario 1 Corey has just launched an online business selling customized hoodies. The hoodies are high quality and made uniquely for each individual customer. He sells them solely online through his Shopify store. Highlight the correct answer.  a. Penetration pricing  b. Economy pricing  c. Price skimming  d. Psychological pricing  e. Premium pricing  f. Competitor pricing  g. Cost plus pricing  Scenario 2 Ellie writes eBooks for people in business and has a very reputable name but is branching out to follow her passion of writing eBooks for children. This is a highly competitive market where her name as an author is not known. Highlight the correct answer.  a. Penetration pricing  b. Economy pricing  c. Price skimming  d. Psychological pricing  e. Premium pricing  f. Competitor pricing  g. Cost plus pricing  Scenario 3 Maurice is a well-established roofer within…

What should be the best pricing strategy (business level) for education/edible oil sector. Explain elaborately.

List 5 claims that are made in the advertisement for the ultrasonic pest repeller.