Question
Hello, Here is my homework question I'd like help in: Global pricing is one of the most critical and complex issues in international marketing. Price
Hello,
Here is my homework question I'd like help in:
Global pricing is one of the most critical and complex issues in international marketing. Price is the only marketing mix instrument that creates revenues; All other elements entail costs. A company's global pricing policy may make or break its overseas expansion efforts.
These are the factors to be considered in the development of a global pricing strategy.: political, economic, social, and technological.
The price of a Starbucks latte in China is broken down by costs.
-other operating expenses $0.23 5%
-equipment costs $0.17 4%
-tax. $0.24 5%
-general and administration $0.28 6%
-labor $0.41 9%
-raw materials. $0.64 13%
-store operating expenses $0.72. 15%
-profit $0.85. 18%
-rent. $1.25. 26$
Not= to 100% due2 rounding $4.80
Which factors did you (would you) take into consideration for your pricing strategy of the single serve brewer in the area/region of ASEAN PHILIPPINES.
Why do you feel it was the most significant?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started