“Price Analysis” Please respond to the following:
- Examine at least two purposes that price analysis serves to a company like VectorCal and to its product line. Support your answer with two (2) examples of companies that used price analysis to better serve their organizations.
- Imagine you are a CEO of a large company. Provide two examples of the manner in which you would incorporate a price analysis in your company. Predict the important ways in which your use of price analysis would lead to financial success for the whole company.
Week 3 eActivity
- Read the article titled “The Fundamentals of Price and Cost Analyses,” located at http://www.thomasnet.com/articles/engineering-consulting/price-cost-analysis, and take note of “An Overview of Price Analysis”. Be prepared to discuss.