What are the implications for ensuring the highest return for all of the many sponsoring companies

Q: What is the role of domains in value-driven enterprise risk management?

A: The objective of this question is to understand the role of domains in value-driven enterprise risk…

Q: What risks are pharmaceutical companies taking in new product development? Are they fairly…

A: The question aims to understand the risks involved in new product development in the pharmaceutical…

Q: What are the absolute, competitive, and comparative advantages for each product?

A: Absolute advantage refers to the capacity of a nation to produce a product more proficiently than…

Q: It is not necessarily true that all new products benefit consumers or society. What are some new…

A: New products launched in the society can be useful or harmful. It depends upon the way how consumers…

Q: Do you provide any kind of military discount to your customers?

A: Military personnel, veterans and their families are often eligible for discounts from retailers.…

Q: How should the Federal Trade Commission (FTC) move forward with their response to non-compete…

A: In the evolving landscape of employment agreements, the Federal Trade Commission (FTC) faces the…

Q: What CSR practices are implemented by Marriott Hotels ?

A: Marriott Hotels is a leading global hotel company with over 7,000 properties in 139 countries and…

Q: Is it fair and ethical for indiviuals to price grouge after a disaster?

A: Price gouging us the technique used by a seller when he increases the prices of commodities, goods,…

Q: Even with the development of a PMO, will there be instances in which an HIT venture fails? Why?…

A: Health Information Technology (HIT) ventures are complex projects that require careful planning and…

Q: How different coffee shops are CSR?

A: Corporate social responsibility (CSR) is the possibility that a business has an obligation or…

Q: What is the effect of switching costs on the danger of buyer power?

A: The bargaining power of the buyer is a component of Porter's Five Forces analysis, it is the power…

Q: Provide an illustration of one of the four access control strategies. How is this option…

A: Having the ability to limit or permit access to certain locations or resources is crucial to the…

Q: definition of CSR concept with reference to Primark

A: CSR, which stands for corporate social responsibility, has emerged as a concept that is becoming…

Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows: 

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”