A Moving to another question will save this response.Question 32Aldi, a German discount supermarket chains with over 10,000 stores, keeps costs low so that it can offer customers "impressively high quality at impossibly low prices every day". This is an example of which type of pricing.O a. target profit pricingO b. none of the mentioned pointsOC. value-based pricingO d. going-rate pricingO e. good value pricinghp1446.7.2.00

Aldi, a German discount supermarket chains with over 10000 stores keeps cost low prices every day so…

Answered: Quèstion 32 Aldi, a German discount…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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QUESTION 31 Which of the following factors is important in managing perceived value? a. Perception sometimes doesn’t reflect reality. b. Value is a nebulous concept to most people. c. Different customers have different perceptions. d. Competitive pricing is a major determinant of value. Your friend Kevin just bought a shirt and tie that you think are ridiculous, and you need to tell him politely that they just won’t work. You think back quickly to what you know from marketing about the customer experience. Which of the following would NOT be considered an individual influence of the customer experience that can help you figure out what to say? a. You know the store where he purchased it would exchange the shirt and tie if he explained why he needs to return it. b. You know he is old enough to make purchases on his own c. You know he can afford it. d. You know he is single and does not live with his family who might give him advice.
2
How might imperfect information impact price? Group of answer choices Buyers cannot distinguish which goods have a higher quality and might be less likely to pay higher prices for that good. Because buyers cannot determine the true quality of a product, they might tend to bid up the prices. Because they might not be able to present all the information about a product, sullers might temporarily lower the price to make potential buyers think the product is of excellent quality. Imperfect information might tend to cause prices to be perfectly elastic.
I need answer typing clear urjent no chatgpt i will give upvote 2. Which of the following is not an example of non-price competition? a. Advertising b. Quality improvements c. Customer service d. Location e. Price discounts
31. Who are the people important in the buying decision? (give 3)
4
Question 1) True or false A- Experienced marketers hope to emulate entrepreneurs with a strong intuition for pricing without using financial tools. True False B- A marketer has assembled costs related to the cost of goods sold, the selling and marketing costs, and the costs of keeping the buildings running effectively. He or she is now ready to set the price of the product. True False C- Temporary market conditions can affect pricing, and this has become a defense of the practice of price discrimination. True False
A. Markets and Welfare IN THE NEWS How Ticket Resellers Help Allocate Scarce Resources modern twist on a practice that has long been registered as a broker from buying and selling demonized by the public and legislators. Scalping certainly results in some con- sumers paying higher prices than they other- wise wuuld. Bul inu exchange for high prices, them most highly. If someone decides at the consumers can get the tickets they want, when last minute to attend a play, a concert or a they want them, without waiting in line or com- game, they can find tickets at some price. peting to be among the first to buy them online Without scalpers, some people who value the at a given time. Opponents mistakenly con- event highly would be unable to buy tickets for clude that high prices are the fault of scalpers, seats of the quality they desire. when in fact prices are high because of a large Is ticket reselling a scourge ora way to make markets more efficient? tickets for a profit. Scalping…
Legal and Ethical Issues on Pricing Policies & Practices Instruction:1. Select a current legal and ethical issue on the company's pricing policies and practices. 2. Identify the source or online link of the aforementioned article. (Article should be within 2015-2022) 3. Identify the problem. 4. Give two solutions of the problem. 5. Determine the PROs and CONs of each of the solution. 6. Select the best solution. Discuss briefly.
is often considered to be the final part of the marketing mix and it requires careful business planning and management because it can be very expensive. * 9. Promotion Product Distribution Price
Only typing answer 3. IKEA has been apractitioner of value pricing (i.e., win loyal customers by charging a fairly low price for a high-quality offering). Visit the IKEA website. Does the website enhance the firm’s ability to continue with value pricing? Is value pricing just a matter of simply lowering prices? Describe viable target markets for IKEA. Has IKEA changed the way people shop for furniture? Explain
Please give both questions...

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