Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Step 1

Consider how the psychology of pricing affects you.

Think of a recent instance where you were influenced by a pricing tactic. This could be seeing a "2 for 1" offer, a special coupon discount, a time when something was advertised at a particular price but then not available, and the like

Consider how you came to learn about the pricing tactic and your initial reaction.

Step 2

Write your first post.

In your post, describe the instance you considered for step 1, analyzing your emotions and feelings.

Were you happy with the offer? Did you feel misled or cheated? Did you experience mixed emotions?

Speculate on what the company was trying to achieve with the pricing tactic. Do you think that it benefitted or hurt the company overall?

How did this instance affect your view of the company? Of the company's competitors?

As part of your post, discuss price adjustment considerations that the company may or may not have acted upon. Include legal and ethical issues that may have resulted from-or been avoided-by company's pricing such as predatory pricing, bait and switch, loss leader, and other such tactics.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93102725

Have any Question?


Related Questions in Operation Management

1 how training is related to both the operational role and

1. How training is related to both the operational role and strategic role of human resource management. 2. Define self serving rationalization. 3. This assignment asks you to write a paper (1 page) about transactional l ...

1 at the abendigo division of block c enterprises the

1. At the Abendigo Division of Block C Enterprises the assembly of unit 4 of one particular system required 72 hours. The average learning rate for Abendigo is 85%. Determine the total hours required to complete the firs ...

The following jobs are waiting to be processed at rick

The following jobs are waiting to be processed at Rick Solano's machine center. Solano's machine center has a relatively long backlog and sets a fresh schedule every 2 weeks, which does not disturb earlier schedules. Bel ...

On november 1 2010 ralph was driving hic car when he bacame

On November 1 2010 Ralph was driving hic car when he bacame distracted by two people arguing on the sidewalk This distraction resulted in ralph running a stop light and striking a large tanker truck in the intersection c ...

Introduction to supply chain managementfor all the problems

Introduction to Supply Chain Management For all the problems, to receive full scores, you have to show your complete and accurate work. If you only provide the final answers without showing your computations, you will no ...

Ldquousing power to play organizations politics can improve

“Using power to play organizations politics can improve the quality of decision making” is a statement that many leaders would support. Do you agree or disagree with this statement? Give your conclusions after explaining ...

There are well-defined standards process procedures etc in

There are well-defined standards, process, procedures etc., in place. Your development team strictly followed and produced the product. But the customer is dissatisfied, as the product was delivered very late, (Schedule ...

1 all of the following factors make an alliance strategic

1. All of the following factors make an alliance "strategic," as opposed to just a convenient business arrangement, EXCEPT: a strategic alliance increases the bargaining power of alliance members over suppliers or buyers ...

Assignmentchoosing the right mentor is critical to ones

Assignment Choosing the "right" mentor is critical to one's long term success in life. Mentors assist us in determining what it takes to be successful in one's chosen vocation, academic program, or in reaching a short or ...

Leahs toys produces molded plastic baby rattles these

Leah's Toys produces molded plastic baby rattles. These rattles must be completely smooth. That is, there can be no rough edges where the molded halves fit together. Rattles are judged to be either acceptable or defectiv ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As