Purchase Solution

Non-Price Barriers and Pricing Strategy

Not what you're looking for?

Ask Custom Question

1. When using non-price barriers, you might encounter ethically challenging situations. How can an organization maintain market power and align with current values, legal requirements, and ethical standards?

2. Determine pricing strategy to meet organizational goals.

Purchase this Solution
Solution Summary

This solution explains how an organization can maintain market power and align with current values, legal requirements, and ethical standards when using non-price barriers. This solution also explains pricing strategy and how to determine pricing strategy when meeting organizational goals.

Solution Preview

1. Non-price barriers do present challenges, and it is mainly because the other competitors can't compete on the same level as an organization that is able to use a non-price barrier. Non-price barriers are particularly for new companies entering the industry that are attempting to gain immediate market share. They end up offering vouchers for free products or free services to customers, or they end up capitalizing on advertising in a way that beats the competition, which have oftentimes been long-standing firms in the industry. When companies use non-price barriers, they need to do so while staying in compliance with all trade and commerce laws. This is one of the main reasons ...

Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

View More Free Quizzes
Related BrainMass Solutions

  • What market structure best characterizes universities?

    How does this structure influence the university's pricing strategy? How does the university differentiate its product from that of its competitors? Has the University erected non-price barriers to entry in this market?

  • market structure

    Pick any organization; determine what strategy you would recommend for the organization in terms of pricing, non price barriers to entry and product differentiation?

  • Optimal pricing strategy

    In this market structure, there are few barriers. The sellers have some control over the price. The market structure of monopolistic competition has a lot of non-price competition based on differentiation.

  • Economic Projections

    The non-price barriers usually in emerging countries are licenses and permissions form the government and well entrenched local and global competitors.

  • Business decisions to maximize profits

    Non-pricing strategies involve shifting the demand curve to the right, such as by a TV advertising campaign. This is a common strategy in markets with low price elasticity of demand, such as oligopolies.

  • Assistance

    What non-pricing strategies will you use to increase barriers to entry? How could changes in your business operations alter the mix of fixed and variable costs in line with your strategy?

  • Price and a Customer-Oriented Perspective

    There are a number of different pricing strategies adopted by companies. One pricing strategy is known as good-value pricing. Due to The Great Recession in 2008 and 2009, there has been a change in consumer perceptions of price and quality.

  • Pricing Strategies for Firms with Market Power

    The optimal pricing strategy is to have premium pricing during the winter months and low pricing during non-winter months.

  • Difference between monopolistic and perfect competition

    What's the pricing and non pricing strategies that firms rely on to compete in monopolistic competition and oligopoly market models. What are the strategies that firms rely on in monopoly and oligopoly to sustain their economic profits overtime?

View More Related Solutions