Analyze the pricing system for the product

Assessment

Analyze the place and price for a product. You can use the same product you used for the previous assessment, or you can choose another organization or product.

Place Analysis

• Analyze distribution channels. (How does the organization get the product to market?)

• Analyze where the product is being sold and the approach to inventory.

• Analyze the relationship between the company’s place strategies for the product and the company’s economic success.

• Describe potential management challenges related to implementing the company’s place strategies.

Price Analysis

• Analyze the pricing system for the product. Is it cost-based, value-based, or competition-based? How did you come to your determination?

• Analyze the relationship between the company’s price strategies for the product and the company’s economic success.

• Describe potential management challenges related to implementing the company’s price strategies.

Additional Requirements

• Written communication: Written communication is free of errors that detract from the overall message.

• APA formatting: Resources and citations are formatted according to current APA style and formatting.Include any in-text citations.

• Font and font size: Times New Roman, 12 point.

• Pages:No set page requirement, just include detailed information.

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