Price is a powerful tool use by any businesses. Explain the 3 powerful pricing forces. Discuss 3 pricing techniques for a brand new products or services. Describe 4 steps/ways that can help online merchants/business to reduce the probability of becoming victims of credit card fraud. 2. The key to finding a suitable location is identifying the characteristics that gives a company a competitive edge and then searching out potential sites that meets those criteria. Describe 4 stages in the location decision. Distinguish 2 types of waste to be eliminated based on industries stated below using the lean principles: i) Manufacturing ii) Service State 4 legal implications of a purchasing function.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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hi there tutors! im here to cure my doubts.

i hv 2 big questions to ask. please help solve.

Required:

1.

  • Price is a powerful tool use by any businesses. Explain the 3 powerful pricing forces.
  • Discuss 3 pricing techniques for a brand new products or services.
  • Describe 4 steps/ways that can help online merchants/business to reduce the probability of becoming victims of credit card fraud.

2.

  • The key to finding a suitable location is identifying the characteristics that gives a company a competitive edge and then searching out potential sites that meets those criteria. Describe 4 stages in the location decision.
  • Distinguish 2 types of waste to be eliminated based on industries stated below using the lean principles:
    i) Manufacturing
    ii) Service
  • State 4 legal implications of a purchasing function.

Thats all. tutor, i hope for a clear, precise & easy-to-understand explanations. (non-plagiarized answers) Thanks tutor!

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