Welcome to the 1520 Perfect Dictionary
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| Pricing | ||
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| PRICING Definition: The act of deciding how much to charge for something. ______________________________________________________________________ * All ten elements should be in. 1. Purposeful and necessary. 2. Not 'predatory'. That is, act (= decision) is not deliberately aimed at driving away or crushing competition, if any. In other words, product is not under-priced, no import or export of 'cheap' or substandard goods, etc. to achieve specific, especially negative objective(s) or unwholesome goal(s). 3. Undertaken by the right party. This presupposes that relevant data is possessed by this authority to help in the decision-making process. ______________________________________________________ ... must NOT ALWAYS BE ABOUT MAXIMIZING PROFIT. | ||
| Below the Line | ||
| 1. Involves a complete and thorough market research. 2. Includes knowing the true production or purchase cost. 3. Entails fixing or establishing the desired profit ratio/margin/ figure/percentage. 4. Involves establishing the product's actual 'demand curve' (connect to #1 below the line). ____________________________________ See perfect CUSTOMER NEED. further below the line 1. Done within the applicable rules or laws, as appropriate, as set by the industry regulator(s) or the relevant agent(s) of organization or government, as the case may be (connect to #3 above the line). 2. Achieves objective(s). ________________________________ See perfect PRICE (1). much further below the line 1. Should provide condition(s) for an adjustment in or of the price, as market forces may determine (connect to #3 below the line). _____________________________________ See perfect CORPORATE GREED. Quote: "One man's wage increase is another man's price increase". - Harold Wilson. |
1520 Products |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |