{"id":14989,"date":"2024-03-13T17:38:20","date_gmt":"2024-03-13T17:38:20","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/value-chain-and-operations-management-deliverable-5-recommendation-for-a-pricing-strategy\/"},"modified":"2024-03-13T17:38:20","modified_gmt":"2024-03-13T17:38:20","slug":"value-chain-and-operations-management-deliverable-5-recommendation-for-a-pricing-strategy","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/value-chain-and-operations-management-deliverable-5-recommendation-for-a-pricing-strategy\/","title":{"rendered":"Value Chain and Operations Management-Deliverable 5 &#8211; Recommendation for a Pricing Strategy"},"content":{"rendered":"<h5 style=\"font-weight: bold; font-size: 1.5em; line-height: inherit; cursor: auto;\"><span style=\"line-height: inherit; cursor: auto; color: inherit;\">Competency<\/span><\/h5>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">Apply tenets of managerial economics to financial planning.<\/p>\n<p style=\"font-size: 14px; line-height: inherit; cursor: auto; color: inherit;\"><br style=\"line-height: inherit; cursor: auto; color: inherit;\"><\/p>\n<h5 style=\"font-weight: bold; font-size: 1.5em; line-height: inherit; cursor: auto;\"><span style=\"line-height: inherit; cursor: auto; color: inherit;\">Student Success Criteria<\/span><\/h5>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">View the grading rubric for this deliverable by selecting the \u201cThis item is graded with a rubric\u201d link, which is located in the Details &amp; Information pane.<\/p>\n<p style=\"font-size: 14px; line-height: inherit; cursor: auto; color: inherit;\"><br style=\"line-height: inherit; cursor: auto; color: inherit;\"><\/p>\n<h5 style=\"font-weight: bold; font-size: 1.5em; line-height: inherit; cursor: auto;\"><span style=\"line-height: inherit; cursor: auto; color: inherit;\">Scenario<\/span><\/h5>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">In your role as a Business Process Executive, you are creating a memo for the board of directors of a publicly traded company. The company is planning to launch new products in the next fiscal year. In addition, the team wants to understand how the market demand and price elasticity may affect the rollout of a new product that has been in development.<\/p>\n<p style=\"font-size: 14px; line-height: inherit; cursor: auto; color: inherit;\"><br style=\"line-height: inherit; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">Do some research on how market demand and price elasticity has affected a Fortune 500 company. Your final memo will include a recommendation for your selected company\u2019s pricing strategy to mitigate negative impacts from price elasticity and market demand.<\/p>\n<p style=\"font-size: 14px; line-height: inherit; cursor: auto; color: inherit;\"><br style=\"line-height: inherit; cursor: auto; color: inherit;\"><\/p>\n<h5 style=\"font-weight: bold; font-size: 1.5em; line-height: inherit; cursor: auto;\"><span style=\"line-height: inherit; cursor: auto; color: inherit;\">Instructions<\/span><\/h5>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">Create a memo for the board of directors that outlines how market demand and price elasticity affect the organization\u2019s pricing strategy to remain competitive. Select a Fortune 500 company in the electronics industry and address the following:<\/p>\n<ul style=\"padding: 0px 3rem 0px 1.5rem; font-size: 14px; line-height: inherit; cursor: auto; color: inherit;\">\n<li style=\"padding: 0px 0px 0px 1.5em; line-height: inherit; cursor: auto; color: inherit;\">Examine the company\u2019s pricing strategy.<\/li>\n<li style=\"padding: 0px 0px 0px 1.5em; line-height: inherit; cursor: auto; color: inherit;\">Discuss how the company manages price elasticity.<\/li>\n<li style=\"padding: 0px 0px 0px 1.5em; line-height: inherit; cursor: auto; color: inherit;\">Evaluate how market demand influences a pricing strategy.<\/li>\n<li style=\"padding: 0px 0px 0px 1.5em; line-height: inherit; cursor: auto; color: inherit;\">Recommend a pricing strategy for your company.<\/li>\n<li style=\"padding: 0px 0px 0px 1.319rem; font-size: 0.875rem; line-height: inherit; cursor: auto; color: inherit;\"><span style=\"font-size: 0.875rem; line-height: inherit; cursor: auto; color: inherit;\">Provide attribution for credible sources (minimum of 3 scholarly sources).<\/span><\/li>\n<li style=\"padding: 0px 0px 0px 1.5em; line-height: inherit; cursor: auto; color: inherit;\">Use APA format and apply professional language supported with evidence (in-text citations and references in APA style) and free of errors.<\/li>\n<\/ul>\n<p style=\"font-size: 14px; line-height: inherit; cursor: auto; color: inherit;\"><br style=\"line-height: inherit; cursor: auto; color: inherit;\"><\/p>\n<h5 style=\"font-weight: bold; font-size: 1.5em; line-height: inherit; cursor: auto;\"><span style=\"line-height: inherit; cursor: auto; color: inherit;\">Resources<\/span><\/h5>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">Access library databases in the Resources tab of this course. Recommended databases include First Research for industry information, Mergent Online or Hoovers for company information, and Business Source Complete via EBSCO or Business via ProQuest for articles.<\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">Rubrics:<\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">&#8211; comprehensively examines company&#8217;s pricing strategy in a well written memo<\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">-comprehensively discusses how the company manages pricing strategy in a well written memo<\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">-comprehensively discuss how market demand influences pricing strategy in a well written memo<\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">-Comprehensively recommend pricing stategy for your Fortune 500 company in a well writeen memo<\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\"><\/p>\n<p style=\"font-size: 14px; line-height: 1.5; cursor: auto; color: inherit;\">-Exemplery use of professional language wth thoroughly supported evidence (in-text citations, and references in a correct APA style). Established a concisely stated scholarly position using mostly scholarly resouces&nbsp; that are appropriate foe topic with minimal errors such that the reader is not distracted<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Competency Apply tenets of managerial economics to financial planning. Student Success Criteria View the grading rubric for this deliverable by selecting the \u201cThis item is graded with a rubric\u201d link, which is located in the Details &amp; Information pane. Scenario In your role as a Business Process Executive, you are creating a memo for the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[9],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/14989"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=14989"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/14989\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=14989"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=14989"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=14989"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=14989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}