Download e-book for kindle: English Learning English Vocabulary in Use Pre-Intermediate by Stuart Redman

By Stuart Redman

A brand new variation of the best-selling vocabulary perform identify. even if you are learning by yourself or at school, English Vocabulary in Use Pre-intermediate and Intermediate covers the entire phrases and words you wish at this point to appreciate and be understood in English. This new version is totally up to date to make the publication much more proper and obtainable.

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Market-based, which adopts a customer/demand focus. ᔢ Competitor-related, which fixes prices by reference to those charged by competitors. The economist’s approach is of purely theoretical interest. In practice it is the accountant’s or the market-based approaches as described below that are the ones used. 20 ᔡ Marketing Management THE ACCOUNTANT’S APPROACH The aim of the accountant’s approach is to seek a targeted rate of return on investment for a specific level of sales. The main techniques used are: ᔢ ᔢ ᔢ ᔢ cost-plus pricing; standard cost pricing; marginal pricing; break-even analysis.

Unless the elasticity of demand (the impact of price changes on sales) is taken into account, break-even analysis can be misleading. Target pricing Target pricing techniques are based on break-even analysis. They involve: ᔢ estimating demand at different price levels; ᔢ drawing up total revenue curves at different price levels; ᔢ referring to the break-even chart and assessing the profit implications of setting different price levels; ᔢ making a final decision on price levels and profit targets by considering the profit implications in relation to estimates of sales volumes and then selecting the optimum alternative.

Improve product features in response to initial consumer reaction. Growth stage ᔢ ᔢ ᔢ ᔢ ᔢ Improve quality. Modify product characteristics. Extend market into new segments. Develop new distribution channels. Reduce prices to attract the next layer of price-sensitive buyers. Maturity stage ᔢ ᔢ ᔢ ᔢ ᔢ Find new market segments and customers. Reposition brand to appeal to a larger or faster-growing segment. Encourage increased usage among existing customers. Modify product characteristics – new features, style improvements.

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English Learning English Vocabulary in Use Pre-Intermediate & Intermediate by Stuart Redman


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