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Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. [2] Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for ...
The use of premium pricing as either a marketing strategy or a competitive practice depends on certain factors that influence its profitability and sustainability. Such factors include: Information asymmetry (e.g., when buyers have no independent basis to test claims of "exceptional quality" for a particular product or service—assuming the ...
Google Docs is an online word processor and part of the free, web-based Google Docs Editors suite offered by Google. Google Docs is accessible via an internet browser as a web-based application and is also available as a mobile app on Android and iOS and as a desktop application on Google's ChromeOS .
A price war is a form of market competition in which companies within an industry engage in aggressive pricing strategies, “characterized by the repeated cutting of prices below those of competitors”. [1] This leads to a vicious cycle, where each competitor attempts to match or undercut the price of the other. [2]
In a review of Google Drive after its launch in April 2012, Dan Grabham of TechRadar wrote that the integration of Google Docs into Google Drive was "a bit confusing", mainly due to the differences in the user interfaces between the two, where Drive offers a "My Drive" section with a specific "Shared with me" view for shared documents. He ...
In a statement Google said the complaint out of Canada "ignores the intense competition where ad buyers and sellers have plenty of choice and we look forward to making our case in court".
A Florida man is accused of beating another man to death with golf clubs on a course in Palm Beach County. A probable cause affidavit filed by the Palm Beach Gardens Police Department obtained by ...
The concept of supracompetitive pricing is connected to the concept of predatory pricing. Predatory pricing can be defined as a dynamic market strategy that is characteristic in a single market where a company decides to develop a business strategy that includes the sacrifice in a short run in order to eliminate existing competition and acquisition of a dominant market position where the ...