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I need complete 2-3 pages paper on the following assignment. HALF PAGE LENGTH IS NOT ACCEPTED. Must address the all steps properly. Must include 3 credible references cited in APA. Must provide 100% original work.
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Assignment:
This week you will continue your comprehensive marketing plan researching the SAME Company that you researched in previous units. (My company name is The Toro Company). In this unit work, you will provide a comprehensive complete 2-3 pages discussion of the pricing strategies of your organization.
· Pricing: This section will provide a comprehensive look at the pricing strategies of your organization. Begin with a look at the overall pricing objectives used by your company. This might include profit orientation, sales orientation, or status quo orientation. From there, review the pricing policies and include a look at the flexibility of the pricing structure, prices over the product life cycle, and discounts or allowances. Review Chapter 16 in the textbook for a complete understanding of how companies utilize pricing strategies.
· Competitive Advantage: Does your company have a competitive advantage WITH RESPECT TO PRICING? The idea is to discuss whether your company has a competitive advantage with respect to how they price their products? Again, this section should only discuss whether your company has a competitive advantage with respect to price (product, promotion and place are discussed in other sections). Once you have stated your position, remember to include your rationale.
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