Price Strategy for Business Market Essay Example | Topics and Well Written Essays - 3000 words

Price Strategy for Business Market - Essay Example Pricing decisions are highly complex, and organizational objectives are primary factors while deciding upon a pricing strategy. Price skimming, penetration pricing, mixed pricing, cost-plus pricing, variable pricing, marginal pricing, promotional pricing, and differential pricing are techniques used by organizations while developing their pricing policies. Price skimming involves offering a product or service for a premium on a low volume. The strategy is typical for new products or services in new markets, where a certain number of customers are willing to pay more for new innovative products or services. The process speeds up the payback period. When the product or service becomes popular and sales volume increase, prices come down. An example of this technique has been deployed in the mobile phone industry. Penetration pricing is a technique used for penetrating the market for gaining substantial market share, by setting the price low for high volume sales. The payback period is l ong, however, the strategy allows for the establishment of strong market position. The strategy has been deployed in airline industries and fast food businesses. Mixed pricing involves price skimming in the beginning, and penetration pricing when competitors enter the market. An example of this approach has been used in mobile communications. Cost-plus pricing is based on total cost of the product or service and addition of the margin. The disadvantages of the method include, pricing may be too high or too low.

Ecosystem Components Paper Research Example | Topics and Well Written Essays - 500 words

Ecosystem Components - Research Paper Example A discussion on how the knowledge of the structure and how these can help to develop plans for its restoration. The implication of the interaction of the species will also be briefly discussed. Within a community that exists in a park, many populations are not likely to be found as being evenly distributed. There exists a patterns and process of spatial distribution of species. The most important patterns are the open community structure which is distributed more or less randomly. There is also the closed community pattern with sharp boundaries. Each species within the ecosystem in a park play a very important role and interacts with other species in the environment. In the interactions the species provide food and, therefore, a basis on which other species survive. There are basically two main types of communities: terrestrial and the aquatic biomes. Terrestrial biomes include the tundra, desert, grassland, temperate forest, taiga, tropical forest (Agee, 2000). The ecosystem changes over time giving the stronger species the opportunity to survive over time and live to withstand the test of time. The weaker ones go to extinction over time. Human interactions with the park may be positive or negative. Human’s efforts to preserve the parks have positive effects on the lives of the species in the ecosystem. However, sometimes the humans destroy the environment by cutting down trees and sometimes killing the animals for food. Besides, other economic activities of humans such as the production industries pollute the environment by emitting substances such as carbon, nitrogen or phosphorus thus interfering in their cycles. The knowledge of humans on the structure and functions of the ecosystem has played a very fundamental role in ensuring that the parks are well preserved. As such this has helped to prevent several plants and animal species from going into extinction (Alcamo & Elena M. Bennett, 2003). This knowledge ought to