Pricing paper Essay Example | Topics and Well Written Essays - 750 words

Pricing paper - Essay Example The pricing for these automobiles are determinant with the comfort and luxury they provide (Genat 12). Determinants of the price The main determinants of pricing and demand are fairly similar between the general market and the hybrid market, but differ significantly between vehicle models or brands. Pricing of luxury and non-luxury automobile differs due to this consideration. In particular, it is revealed that a relatively strong partiality for fuel resourcefulness exists in the markets for hybrids cars, some vehicle brands, and automobiles (Thatchenkery 32). This affinity for fuel resourcefulness, however, is characteristically overshadowed by stronger fondness for horsepower, comfort, safety and weight, characteristics that are pessimistically associated to a vehicle’s fuel market. The 2014 Chevrolet Malibu positioned at fifteen out of twenty two affordable midsize vehicles. This ranking is associated with analysis of available reviews and test drives of the car, as well as dependability and protection data. Automotive experts confirm that the 2014 Chevrolet Malibu has a calm and pleasantly designed interior that is built with typically soft-touch materials. Reviewers confirm that the Malibu has relaxed and spacious front seats. These luxury qualities are pricing determinants for such model or products. Chevy enhanced rear passenger room, but detractors claim that the Malibu’s rear seat requires more legroom. Other reliable influences on demand and pricing comprise brand or model-based status, protection ratings, and brand manufacturers, even though the competitive benefit gained by individual nationality over another differs between models (Malibu 1-2). The external pressures on demand incorporated in the hybrid condition boost the model’s descriptive power but do not overshadow the influence of vehicle conditions. However, issues such as convenience-based incentives, environmentalism, median returns, average travel time, and age all ha ve important effects on hybrid demand and pricing, while tax- and cost- based incentives and other demographic issues do not seem to arouse purchase of hybrids. Gas price only income as important if not scheming for environmentalism, which is probable a result of the cross-sectional environment of the data. Recent changes in the supply and demand 2014 Chevrolet Malibu prices are not affected so much by supply and demand since they are customized to targeted consumers. Rebates and incentives are marketing tactics that are used to introduce new models in the market. Rebates are available on 2014 Chevrolet Malibu as promotional tactics. If one is in the market for a novel vehicle, they compare the latest car discounts or incentives being offered at dealerships rate (Malibu 1-2). This keeps car shoppers knowledgeable with frequently updated information on financing offers, cash rebates, and leasing opportunities that are currently accessible on every model and model. Consumers browse ca r rebates and incentives from manufacturer, or vehicle. They compare rebates and incentives on different models. This is a trend shoppers use to ensure they purchase the products at best deal. Rebates on products are marketing and promotion tactics that guide pricing of product to meet desired demands. External Influences External influences are pricing considerations that companies must put into consideration to ensure they attain market share. Details concerning federal

Bulgaria Essay Example | Topics and Well Written Essays - 3000 words

Bulgaria - Essay Example The President of the republic is the head of state and the supreme commander-in-chief. The Prime Minister on the other hand heads and bears responsibility for the overall policy of the government. After a period of political instability in the mid 1990s, there has been a gradual stabilization since 2001 with the election of Simeon Saxe-Coburg-Gotha, son of Tsar Boris III, and heir of the royal family, as prime-minister (Library of Congress, 2005). The focus of the governmental power of several consecutive governments has been the EU accession process requiring substantial reforms in the legislative, judiciary, administrative and other spheres of economy. In 2004 Bulgaria's population was estimated at 7,518,000 with a negative growth rate of -0.92 percent per year. About 70 percent of the population is urban; the capital Sofia has population of 1.1 million. Since 1990s migration to Western European countries has increased significantly, with estimated 200,000 residents leaving the country between 1992 and 2002. This movement is expected to accelerate as Bulgaria becomes an EU member state. Concerning ethnic groups, approximately 83 percent are Bulgarians, 9 percent Turks, and 5 percent Roma. In the 1980s during the communist period there was a campaign to assimilate the Turkish population. Today the only ethnic issue is discrimination of Roma who have even lower living standards and are generally regarded as second-class citizens (Library of Congress, 2005). By 1990s during the communist period Bulgaria had strong industrial and agricultural productivity and export within the Soviet and ex-communist countries. Political concussions and the fall of the communist regime resulted in economic shocks, Bulgaria lost many of its markets, because of increased competition and decreased political backup. Productivity levels dropped, many industrial factories were destroyed and plundered, agricultural structures were abolished. This, combined with instability in the political situation, led to a severe economic crisis in 1997-1998. Economical recovery involved the establishment of a currency board and structural changes in all sectors of economy (Library of Congress, 2005). Since that period the country has a slowly developing economy, with lowering inflation rates, improving investor confidence, tax-reducing policies etc. Today the country is facing one of the greatest challenges in its recent economic development - forthcoming EU accession in 1997. EU accession process is as much a political issue, as it is an economical issue. Ever since 1993, when the European Union announced its expansion policy towards Central and Eastern Europe, consecutive governments have adjusted their national programs with view to Bulgaria's prospective accession in the EU. Now, that the principal date of the accession was determined months ago, the government has to overcome many problematic areas, addressed by the EU Commission as areas of specific concern that have to be dealt with beforehand, or else the accession can be postponed. And while the Currency Board pegging the Bulgarian currency (leva) to the euro has contributed to economic stability, increased domestic consumption,