Dr Nick

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$14/per page/Negotiable

About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 340 Weeks Ago, 5 Days Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 19 Jun 2017 My Price 10.00

Corporation:  Monster Beverage Corporation

This is a CLC assignment.

Within your CLC, choose a publicly traded company and identify one of its products that the group will analyze. Describe the strategic implications that would need to be considered in setting a price for that product, and determine whether the group would use a market-based pricing approach or a cost-based pricing approach to setting the product price. Explain the rationale behind choosing the pricing approach. Identify the costs that the group thinks would be considered in setting the product price, and come up with a sample cost structure for the product (make it as realistic as possible). Calculate a price for the product, and defend your product price and related cost structure.

Present your responses in a paper of 1,000-1,500 words.

Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.

We summerized as a team the following:

The assignment is a bit vague in my opinion in that there is not a rubric to guide us.  I read the assignment and tried to break it down into requirements.  This is what I came up with.

The assignment is that we:

1)      Choose a publicly traded company and identify one of its products to analyze

2)      Describe the strategic implications that would need to be considered in setting a price for that product

3)      Determine whether the group would use a market-based pricing approach or a cost-based pricing approach to setting the product price

4)      Explain the rationale behind choosing the pricing approach

5)      Identify the costs that the group thinks would be considered in setting the product price

6)      Come up with a sample cost structure for the product (make it as realistic as possible)

7)      Calculate a price for the product

8)      Defend your product price and related cost structure

An abstract is not required however, it is required to be in APA format.

Product:  Monster Energy Drink

 

Answers

(4)
Status NEW Posted 19 Jun 2017 07:06 AM My Price 10.00

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