fb
$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Students Who Viewed This Also Studied

7 Pages
Management

 Select suitable media vehicles - Define and assess the relative merits of the media vehicle alternatives considering the past media performance - Analyse and examine new or alternative media veh ...

Type

Assignment

Subject

Marketing

6 Pages
Business Management

The purpose of this short-term IMC plan is to further develop your ability to critically evaluate current IMC programs and to provide solutions based on learned IMC theories and concepts. This is a gr ...

Type

Assignment

Subject

Marketing

3 Pages
MKT6035 International Marketing Planning

Drawing on your understanding of international marketing topics, you are required to produce a report of no(excluding content list, appendices, and reference list) to fulfil the following brief. In th ...

Course

MKT6035

Type

Assignment

Subject

Marketing

University

Birmingham City University

5 Pages
MKTG-116 Principles of Marketing

Written or described in complete paragraph format, a description of your company by answering the questions below: What type of business are they – profit/non, public/private, industry, ownershi ...

Course

MKTG116

Type

Assignment

Subject

Marketing

University

Centennial College

Economics

Question

Answered

You are the owner of a gluten-free bakery in Nanaimo. You have a loyal clientele and your product/service is positioned well in the marketplace. The retail price your customers pay for bread or pastry is exactly the same as at your competitors. The wholesale price you pay for your gluten-free flours (from which you make your pastries) has however, just increased by 25%. You know that you cannot absorb this increase and that you must pass it on to your customers. However, you are concerned about the consequences of an open price increase. You must forecast the possibilities of two alternative price-increase strategies that address these concerns. Also to include: consider the external and internal variables that might impact your ability to implement each of these three strategies. Hint: think about the fixed and variable costs of this operation – how might these be incorporated in your answer. Phase 1: EXISTING DEMAND - determine the number of customers and average demand per customer for the product in Nanaimo (find some researched evidence to support what share of that product would be yours…(avoid grandiose assumptions)). Phase 2: Once the existing demand is determined, then select two different pricing strategies that you would employ for your product. Describe how you would implement those strategies, how they would differ from each other and discuss how the forecasted demand (units) as well as sales in $ based on your new price would be impacted. Also, identify any costs that would be associated with implementing your ideas. Phase 3: Create a spreadsheet (preferably in excel) for each of the above situations. One showing just the market demand (units) with no price strategy involved – assume everyone is equal Create a second spreadsheet for one of your price strategies showing: market demand (units) total sales revenue (based on one pricing strategy) COGS Using your plans to implement one of your price strategies identify any associated costs for your idea Project the demand over at least a 3 year period and estimate the profit per year (it is quite common to lose money the first year or so after implementation-Break Even might take 2-3 years) Create a third spreadsheet for your other price strategy repeating what is in b above. Phase 4: Write a cover page. Write an introduction to the paper. Write the main body of the paper identifying and describing the two price strategies you intend to use and describe how they will differ in how they impact demand and profitability (feel free to reference your spreadsheets that you put in your appendix). Write a concluding/summary paragraph that determines which of the two proposed pricing strategies would be best, providing an evidentiary explanation as to why. Add a reference list. Add appendices as needed (you can embed excel spreadsheets within a word document. Remember to use APA citation styles to reference all your work. Document your answer in no more than two pages.

Economics

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

11 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com is diligent to fulfil students needs in the best possible manner by providing both thesis writing services and thesis editing services. We boast separate teams of thesis writing experts and editors who handle the students requests like can anyone do editing of my thesis online or can someone write my thesis online. Thus, we have gained the status of being the most efficient and reliable thesis help provider company in USA.

More Economics: Questions & Answers

Q

Management

 Select suitable media vehicles - Define and assess the relative merits of the media vehicle alternatives considering the past media performance - Analyse and examine new or alternative media vehicles against proven vehicles and with other advertisers. - Select the media vehicles that: → T ...

View Answer
Q

Business Management

The purpose of this short-term IMC plan is to further develop your ability to critically evaluate current IMC programs and to provide solutions based on learned IMC theories and concepts. This is a great opportunity to practice your planning skills in developing an IMC campaign with inclusion of bud ...

View Answer
Q
icon

We aren't endorsed by this University

MKT6035 International Marketing Planning

Drawing on your understanding of international marketing topics, you are required to produce a report of no(excluding content list, appendices, and reference list) to fulfil the following brief. In the first instance, you are required to select a foreign brand. Based on your chosen brand prepare an ...

View Answer
Q
icon

We aren't endorsed by this University

MKTG-116 Principles of Marketing

Written or described in complete paragraph format, a description of your company by answering the questions below: What type of business are they – profit/non, public/private, industry, ownership type, etc.?  How long have they been in business?What is the company’s core business?&n ...

View Answer

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

Choose Our Best Expert to Help You

expert
student rating student rating student rating student rating student rating
Eric Hampshire

Pro Management Writer

1364 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Elijah Larkin

PhD in Sociology

359 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Cora Rosario

MSC in Advanced Computer Science from School of Computing, University of Kent

300 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Harding Barry

M.Sc from Colorado State University

650 - Completed Orders

Hire Me

Still in Two Minds? The Proof is in Numbers!

33845 Genuine Reviews With a Rating of 4.9/5.

student rating student rating student rating student rating student rating
21 Jan 2022

Maths

Home Work: 0 Pages, Deadline: 4 days

Great work it was clear and concise and on time, representative was supportive with all my needs.

flag User ID: 4***77 United States

student rating student rating student rating student rating student rating
21 Jan 2022

Statistics

Home Work: 1 Page, Deadline: 3 days

It was so perfect except for the late start and responsiveness.And I got the correct answer through a new program, but it was too sudden in a situatio ...

flag User ID: 8***13 Seongnam-si, Greece

student rating student rating student rating student rating student rating
21 Jan 2022

Management

Essay: 1 Page, Deadline: 17 hours

thank you for sending me my assignment at time. great staff and good customer service

flag User ID: 7***52 Seongnam-si, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

Healthcare

Essay: 6 Pages, Deadline: 14 days

Order delivered on time great customer service great communication very helpful and fast response. Great results.

flag User ID: 5***06 United Kingdom, Great Britain

student rating student rating student rating student rating student rating
20 Jan 2022

Management

Assignment: 10 Pages, Deadline: 2 days

good work, expert very helpful great communication. had great results with this work. thank you.

flag User ID: 5***06 United Kingdom, Great Britain

student rating student rating student rating student rating student rating
20 Jan 2022

Assignment

Essay: 1.7 Pages, Deadline: 18 hours

Thank you for your prompt reply and response to my inquiry. I think it will work for me.

flag User ID: 8***83 United Kingdom, United States

student rating student rating student rating student rating student rating
20 Jan 2022

Supply Chain

Home Work: 1.4 Pages, Deadline: 3 days

Well organized and information is up to the mark. I\'ll definitely share this platform with my frds also for assignment help

flag User ID: 8***02 United Kingdom, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

Marketing

Assignment: 4 Pages, Deadline: 2 days

Good work, one of the tutor did my assignment wrong and the admin assign a new tutor and did the assignment again with priority and for free

flag User ID: 4***30 United Kingdom, Australia

student rating student rating student rating student rating student rating
20 Jan 2022

Geography

Essay: 2 Pages, Deadline: 8 days

thanks its good poster i still did not get the poster i hope to get the poster

flag User ID: 2***0 United Kingdom, Saudi Arabia

student rating student rating student rating student rating student rating
20 Jan 2022

It Write Up

Assignment: 3 Pages, Deadline: 23 hours

good service, with nice APA style and fast respone chat. The writing is completed before time

flag User ID: 6***06 Bien Hoa, Vietnam

student rating student rating student rating student rating student rating
20 Jan 2022

Healthcare

Assignment: 1 Page, Deadline: 4 days

won\'t be graded till I hand in the rest of the work this was just a segment of my assignment I need help with and am very plesased with the outcome

flag User ID: 8***83 United Kingdom, Great Britain

student rating student rating student rating student rating student rating
20 Jan 2022

Psychology

Assignment: 3.2 Pages, Deadline: 7 days

I like the work because you guys completed the work within the time limit even if it has lot of reading.

flag User ID: 8***70 Surrey, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

Psychology

Assignment: 4 Pages, Deadline: 6 days

I like to give you my assignment due to good quality of work and you follow the all instruction .

flag User ID: 8***70 Surrey, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

English

Essay: 2 Pages, Deadline: 10 days

It was good enough to pass the course. I like the way of your work. I want to give more work to you guys.

flag User ID: 8***70 Surrey, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

English

Essay: 3.2 Pages, Deadline: 4 days

This is good content that you have provided in the assignment thank you for your valuable help.

flag User ID: 8***70 Surrey, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

English

Essay: 2.6 Pages, Deadline: 2 days

I like the work due to accuracy and timely manner. I pass the course due to your help

flag User ID: 8***70 Surrey, Canada

student rating student rating student rating student rating student rating
20 Jan 2022

Nursing

Case Study: 3 Pages, Deadline: 3 days

Requested in short time frame. Assignment was completed within less than 2 days. Made a 90!

flag User ID: 8***49 Surrey, United States

student rating student rating student rating student rating student rating
19 Jan 2022

It Write Up

Assignment: 6 Pages, Deadline: 7 days

good timing , all requirements included , formatting as asked , quick responding .

flag User ID: 3***51 Muscat, Oman

student rating student rating student rating student rating student rating
19 Jan 2022

Physics

Home Work: 4 Pages, Deadline: 11 days

Excellent customer service! Really helpful!! Wanted assignment done in 8days and they managed to complete it within 1 day! And was a excellent standar ...

flag User ID: 8***25 United Kingdom, Great Britain

student rating student rating student rating student rating student rating
19 Jan 2022

Statistics

Programming: 12 Pages, Deadline: 19 days

I passed sucessfully thank you very much for your helpI really appreciate it...Continue doing your good work

flag User ID: 5***27 United Kingdom, Great Britain

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?