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Question 1 0.5 pts Local Government Councils around Australia (such as the City of Melbourne) have a diverse set of responsibilities. One of these is

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Question 1 0.5 pts Local Government Councils around Australia (such as the City of Melbourne) have a diverse set of responsibilities. One of these is keeping public spaces clean which includes regularly cleaning public roads using street sweepers - a motorised vehicle that collects leaves and other rubbish that have the potential to block drains. Councils around Australia outsource this responsibility rather than purchasing the necessary equipment themselves and hiring staff to perform these duties. Clean Streets Pty Ltd is the only main provider of such services in the Greater Melbourne Region and is responding to a Request for Quote from a local council to provide cleaning service for its public spaces. Which of the following pricing strategies would be more appropriate for Clean Streets when deciding on the price it should quote to the local council? O Cost Plus Pricing O Target Pricing 0.5 pts Question 2 Easy Laptops Pty Ltd is currently in its initial phase of developing a new computer model in a very competitive market. Easy's suppliers of component parts also operate under similar market conditions and hence charge Easy competitive (low) prices. Easy's manufacturing process is highly automated. Which of the following strategies would likely have the most impact on the total cost per unit of Easy's new computer model? 1. Negotiate with its suppliers to lower the price of components purchased from them during the manufacturing phase which is where most of its costs are incurred 2. Ensure the laptop is specified appropriately / contain features that are valued by customers during the research & development and design phase 3. Provide training for the workers in its factories to increase their level of efficiency Statement 1 Statement 2 Statement 3

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