In Maslow’s Pyramid, needs like food and clothing would be c…

In Maslow’s Pyramid, needs like food and clothing would be considered needs. Whereas needs like feeling accepted by friends and colleagues would be needs. Maslow indicates that you have to follow lower level needs and then move on to higher level needs – this statement is .   With Hertzberg’s Motivation Model, things like salary and job security are factors; whereas things like achievement and recognition are factors. With Hertzberg Motivator factors lead to satisfaction – this statement is

-When you establish relatively high prices to maximize profi…

-When you establish relatively high prices to maximize profits while there’s little competition, that’s a pricing strategy. -When you try to reduce the emphasis on price competition by matching other companies’ prices, that’s a pricing strategy. -When you set low prices like Walmart, and then not have special sales, that’s a pricing strategy. -When you price goods and services at price points that make the product appear less expensive than it is, such as $4.99, $999.99, etc, that’s a pricing strategy. -When a product is priced low to attract many customers and discourage competition, that’s a pricing strategy.