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ST. MARY UNIVERSITY BUSINESS FACULTY DEPARTMENT OF MARKETING MANAGEMENT AN ASSESSMENT OF PRICING PRACTICE IN THE CASE OF MUGGER CEMENT ENTERPRISE STAGING JEMBERESMU JUNE 2006 ADDS ARABIAN ASSESSMENT
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How to fill out an assessment of pricing
01
Gather all relevant pricing information for the products/services being assessed.
02
Determine the criteria and factors to be considered during the assessment.
03
Assign a numerical value or rating to each criteria/factor to evaluate pricing.
04
Calculate the overall score based on the weighted values of the criteria.
05
Document the findings and conclusions of the assessment.
Who needs an assessment of pricing?
01
Business owners looking to optimize their pricing strategy.
02
Marketing professionals analyzing market competitiveness.
03
Financial analysts evaluating profitability and pricing efficiency.
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What is an assessment of pricing?
An assessment of pricing is a process of evaluating the cost and value of a product or service to determine the appropriate pricing strategy.
Who is required to file an assessment of pricing?
Companies or individuals who are selling products or services are required to file an assessment of pricing.
How to fill out an assessment of pricing?
To fill out an assessment of pricing, one must gather information on production costs, market demand, competition pricing, and target profit margins.
What is the purpose of an assessment of pricing?
The purpose of an assessment of pricing is to set a competitive and profitable price for a product or service.
What information must be reported on an assessment of pricing?
Information such as production costs, market research, competition pricing, and profit margins must be reported on an assessment of pricing.
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