International Pricing Strategies

Name: Professor: Class: Date International price The factors that management should picture when determining determine for international and international markets argon as follows 1. Currency fluctuation Marketers must picture stunned if price adjustments are appropriate if when currencies strengthen or weaken for example when a domestic funds is noticeable marketers can opt to downplay expenditures in local or host- surface area notes and when the domestic currency is strong, a fellowship should maximize expenditures in local country currency (Mumo, 125) 2. Inflation Since ostentations is a situation in prices fluctuation, marketers must level up price adjustment that go along with the inflation cast in a country, so as to prolong run net profit margins (Mumo, 14) 3. Government controls and subsidies Government subsidies forces a company install strategic use of sourcing so as to be militant 4. rivalrous beha vior Normally set decisions are bounded by competitive action, that is when the competitors decide to or not to adjust their prices. 5. Market study The submit for a special(prenominal) market ranges to fall upon pricing decisions, that is when the adopt is lavishly the prices may rise but when the lower the demand the prices are lower.

For example in the past few months when the write out of sugar was too scarce and the demand for it was too high, the prices fit up 6. Recent profit history in a company tend to set a benchmark for the pricing decisions depending upon the add together o f profits earned per a specific product ! 7. General anatomy of the company such as condition of facilities, completeness and accuracy of books and records and team spirit may tend to affect pricing decision 8. Economic conditions which are equal and availability of capital and any economic factors that promptly affect the business. 9. Ability to transfer goodwill or otherwise nonphysical values to a new owner. 10. Future profit latent 11. Special...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper