Nobody downloaded yet

Project guide - Essay Example

Comments (0) Cite this document
Summary
Truly said, people will never forget about the services given by any service based organizations like restaurants, beauty parlors, consultancy firms etc. A true and unique service must be provided by setting a pricing policy as 1) selecting the pricing objective, 2) Determining…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
Project guide
Read TextPreview

Extract of sample "Project guide"

Download file to see previous pages calculating your costs; estimating the benefits to customers and the limits on how much they’re willing to pay; and comparing your products, services, and prices to others that are similar i.e. with the competitors.
Maximum current profit- here marketer estimate the demand and costs associated with alternative prices and choose the price that produces maximum current profit, cash flow, or return on investment (ROI).
Product/service quality leadership- providing high quality services at higher price specially targets premium customers. Here marketer believes in perfection with no compromise and thus offers his service at higher price.
A price is being established on the basis of owner’s own choice by following any of the above major objectives and also by the willingness of the consumers on how much they can pay, what are the substitutes available to them, is your competitor offering the same or better service that too on a lower cost than your service, you have to evaluate and then set the price of the product.
The price could be a low one so that you could attract and have access to a larger audience. Or you could approach it from the opposite end – charge a high premium so that each service would generate a lot of revenue and you would not have to work the long hours nor have more over-head.
For e.g. one of my friends is running a restaurant named as ‘The Diners Park’ and has invested a major chunk of his capital for this venture. So earlier, with the fixed costs, it was getting really hard for him to generate substantial profit. The customers very often like the quality of food and ambience of his restaurant but it was the price of the food items which was the main concern of his customers and of his as well. He earlier took product/service-quality leader as an objective and thus set the prices higher than his competitors but provided a high –class premium quality food and services. But after analyzing the whole case he found that though ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Project guide Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.org/miscellaneous/1550852-project-guide
(Project Guide Essay Example | Topics and Well Written Essays - 1000 Words)
https://studentshare.org/miscellaneous/1550852-project-guide.
“Project Guide Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/miscellaneous/1550852-project-guide.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Project guide

A Guide to the Project management Body of Knowledge

...? A Guide to the Project management Body of Knowledge: (PMBOK Guide) 4th edition An Introduction to Project Management A project is a specific assignment that needs to be completed with a fixed amount of time and resources and has a specific end result (Heemst). Project management is the use of skills, expertise, tools and technologies to carry out project activities that will help in fulfilling or exceeding the stakeholder’s requirements” (Duncan). Operations having specific characteristics performed on a temporary basis are called projects. Therefore, projects have a specific time...
12 Pages(3000 words)Book Report/Review

Project Managment: Create 4 Matrixs after Reading (Endurance: Shackleton's Incredible Voyage) A study Guide included

...to his feet were smart moves in order to save the member although it was a big tragedy (Lansing and Hurlay 217). Therefore, the crew’s systems and actions justified their success throughout the imperial Trans-Antarctic voyage. The Risk Matrix: Project Risk Management Matrix The expedition was exposed to a variety of risks during the Trans-Antarctic voyage as the crew was subjected to a number of difficulties that made some members almost gave up during the voyage as presented in the table below Risks based on the books point of view. Risk Probability of the risk happening Signs of the risk happening Effects of the risk How to prevent the risk 1 Drawing Crushing of the ship and Occasional melting of ice Revealed at Mark...
6 Pages(1500 words)Book Report/Review

Study Guide

... number Question A) The romans, the Herodian kingdom and Byzantine rule. B) The Sadducees, the Pharisees and theEssenes. The Sadducees and Pharisees were the ruling class in Israel who were in constant conflict with Jesus. C) God's people in God's place under God's rule. D) It means that the kingdom of God here now but it has not yet been fulfilled. E) The gospel means the good news. F) The book of Matthew, the book of mark and the book of Luke. G) This is the common material in the books of Matthew and Luke. Many scholars think “Q” is important since they believe that the similarity was not coincidental and that it came from divine inspiration. H) The gospel of Matthew written by a Jewish scribe, however, some people believe... number...
4 Pages(1000 words)Essay

Project guide 4

...$) Expected Revenue in a week in the afternoon= (50*3*2*10$ + 5*10*3*10$) Expected Total Revenue in FY08-09 = $ 847,200 Estimated Cost: Each price will lead to a different level of demand and therefore have a different impact on a company’s marketing objectives. Demand and price are inversely related: higher the price, lower the demand. On an average ‘The Diners Park’ employees around 20 employees in a month and the salary cost of all employees is around 20,000$ every month. The cost of raw material is around 9000$ per month and the water and electricity bill cost around 2000$ per month. Apart from this, the miscellaneous cost is around 1000$ per month. The cost capital employed for the project is around 2000,000...
4 Pages(1000 words)Essay

Study Guide

...October 2, Study Guide “I Want to be Miss America” by Julia Alvarez: Julia Alvarez, in her essay, “IWant to be Miss America,” writes about her family, which has immigrated to the United States from Dominican Republic. The story’s main focus is the struggle an immigrant does to conform to a new society in which he or she settles. It is natural that a person will feel estranged in a new place and it becomes difficult for that person to get absorbed into a alien culture. Alvarez deftly illustrates the problems that she confronts in the American society. Every culture prescribes certain norms for the people who live in a certain community. However, when people from a different country relocate to that society, they find it...
2 Pages(500 words)Assignment

Healtg Across the Life Wellness Project Guide Sheet

... busy at all times to avoid the craving. I will find something to keep my fingers busy as well as drink a lot of water and sugary drinks such as juices that will help increase my sugar levels. I will also stay close to my quit mate whom we shall always encourage each other to stay strong in the process. References Carr, A. (2011). Allen Carr’s easyway to stop smoking. New York, NY: Clarity Marketing USA. Cutter, D., Lhrar, J. S., Robinson, L., Smith, M. (August 2011). How to quit smoking: A guide to quitting and kicking the habit for food. Retrieved from http://www.helpguide.org/mental/quit_smoking_cessation.htm... Smoking Quitting Smoking I have realized that smoking is a very harmful habit to my health. It can lead me to developing...
1 Pages(250 words)Essay

Study Guide

...PBH 300 Exam 2 study guide Chapter 6 Describe the communication process, keeping in mind the Shannon-weaver model and Harold Laswell. The communication process involves the production and transfer of information from a sender to the receiver. Communication process contains elements like source, transmitter, and channel of transmission, the destination and receiver. The sender encodes the message while the receiver decodes the message. What are the factors that affect the communication process? The factors affecting communication include context of communication, relationship between the parties to the communication and the process of decoding and encoding the message. Be able to define organization development, community...
2 Pages(500 words)Essay

Research Guide

...Research Guide RESEARCH GUIDE Professional Journal in Civil Engineering The American Journal of Civil and Structural Engineering is an inter-disciplinary, peer-reviewed, and open-access journal that mainly focuses on applications, methods, and theories in structural and civil engineering. Some of the topics of interest that the journal covers include building and construction technology, application of structural health monitoring in civil engineering, and integrated numerical/experimental analysis of dynamic offshore structure behavior. The journal is published twice a month in English and has several benefits, such as providing scholars with an international forum to disseminate findings in civil...
2 Pages(500 words)Essay

Technology Guide

...Technology Guide The creation and advancement of the Internet have completely changed the way people buy and sell goods or services. The world wide web has enabled on-line customers to view and compare prices and quality of products before purchasing them on-line (Robert, 2001). Companies like Amazon, E-bay ad Alibaba use intelligent systems that allow customers to compare quality and prices of goods and read reviews from other customers before purchasing them. The golf shop owned by Harrison Kirby can benefit by incorporating intelligent business system used by e-commerce websites as marketing and as a point of sale. Business tools like Indix, Connect Multichannel, Retail Connect and Robin e-commerce customer service....
2 Pages(500 words)Essay

Instructional Guide

...Instructional Guide Number September 23, Faculty Instructional Guide Cover Memo 23rd September The Fresh College Students From: (Insert Your Name) Subject: How to register for college classes. The instructions are meant to help the fresh college students on how to register for college classes in a timely and acceptable manner as per the college guidelines on registration for classes. The majority of the fresh college students are not acquainted with the steps that they should follow when registering for new college classes. As a result, many new college students end up registering for classes belatedly while others do not register at all and hence are not included in the system as required. The...
3 Pages(750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Project guide for FREE!

Contact Us