Assignment: Policies and Strategies
Imagine that you work for a pricing strategy consulting business. Select a business that will be your next client.
Write a six to eight (6-8) page paper in which you:
- Create a scenario that would result in your client seeking advice from your consulting business.
- Create a pricing policy for the selected client and scenario.
- Analyze the best price setting process used to establish sustainable and profitable prices for the client.
- Evaluate key pricing considerations and strategies relative to the product life cycle of your client's three (3) top sellers.
- Examine the challenges of effectively implementing a new or updated pricing strategy into the client that you selected.
- Differentiate between incremental and avoidable costs for your client and analyze contribution margins.
- Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format.
- Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required page length.