Pricing products in any Market

What aspects of the product, company, and market determine the appropriate; price of a new product? How would you determine what is most influential in determining the prices; of your new product or service? Provide an example that illustrates your answer. Some of the aspects that determine the price of a new product within the … Continue reading Pricing products in any Market →

Foreign Markets

When a company is looking at the foreign markets and selling their products within those markets the seller needs to be aware of the different cultures and customs or beliefs of that market. Many times people forget that all markets are not the same. What may be okay here in the United States may not … Continue reading Foreign Markets →

Social Responsibility

What role does social responsibility play in the development of a new product or service? What types of ethical questions must you consider when introducing a new product or service? Social responsibility plays a very important role in the development of a product or new service within a company or business mainly because it focuses … Continue reading Social Responsibility →