Preparation for this Assignment:
Prices are most commonly influenced by production costs, potential demand, actions of competitors, and government regulations. In this module, your goal is to obtain information related to various factors influencing international pricing activities.
Before you complete this assignment:
Read Chapters 14, 15, and 16
Review the Chapter 15 Lecture Notes
Assignment:
Create a 500- word report consisting of the following components:
An overview of economic factors that could influence pricing strategies.
A synopsis of costs that would influence the price of the good or service being proposed for global business operations.
Recommend a pricing strategy (including specific prices) for the proposed enterprise. Provide evidence to support your proposal.
Helpful Resources
Global Edge CyberSite: http://globaledge.msu.edu/ (Links to an external site.)
World Bank DoingBusiness: https://www.doingbusiness.org/ (Links to an external site.)
Each weekly assignment will be helpful when it comes time to creating your final project. It’s encouraged your chosen country for each weekly assignment. (Canada is my country)
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