1. Prepare a brief analyzing the pricing practices of an insurance company according to the outline below.
- Briefly introduce the company and its typical approach to the marketplace (e.g. low-cost, innovation, commodity, etc.)
- How is pricing viewed within the company? Is there a clearly executed process or strategy? If so, please describe (a graphical depiction would be great). Who owns pricing responsibility?
- Using the "Six Pricing Myths" article (attached) as a framework, provide a preliminary assessment of how well the company captures value through a well-executed pricing strategy. Assess whether the company does particularly well or poorly in each of the six areas.
Are there particular pricing concepts or topics that you would like to explore during this module?
Length : 3 pages.
Double spaced.
Attachment:- The 6 pricing myths.rar