- Pick a product/service within an industry.
- Identify a low-tier, mid-tier, and high-tier solution in that industry.
- Identify the approximate price point for each tier.
- Justify the price at each tier, and the reason for the differences between the prices.
- Explore what customers expect and how they act at each tier.
- Then, propose a new solution for that industry.
- Identify the price tier (approximately) for your new solution.
- Walkthrough the following transactional costs for that solution:
- Search costs (finding buyers, sellers)
- Information costs (learning)
- Bargaining costs (transacting, communicating, negotiating)
- Decision costs
- Policing costs (monitoring cheating)
- Enforcement costs (remedying)
ajksbf afbaf mnabjskaf baskfh ask f Aaliyah Mendes Personal Statement of Cultural Competency, Diversity, Equity, and Inclusion It is important to
ajksbf afbaf mnabjskaf baskfh ask f Aaliyah Mendes Personal Statement of Cultural Competency, Diversity, Equity, and Inclusion It is important to understand Cultural Competency, Diversity, Equity, and Inclusion in the workplace. Every day you will come in contact while working with many different people. You will need to be able
