Concept
How can students investigate pricing strategies and product life cycles?
IntroductionToBusiness OP 8D04gAa / Working the Net
"penetration pricing, and value pricing. Make copies and show them to the class. (Information) 7. Explain how something as obvious as a retail price can have a psychological dimension. (Information) 8. Team Activity Divide the class into teams. Create a single market list of products. Each team should go to a different supermarket chain store or an independent supermarket and write down the prices of the goods selected. Report your findings to the class. (Interpersonal) 9. How does the stage of a product’s life cycle affect price? Give some examples. (Informational)"
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