Business Model

Question

 Develop a Term Project Paper that is a detailed design of an implementation plan to incorporate RFID technology as part of a real-world business model of an organization of your choice. The timeframe is the current year and out to the next three years. Do not include any secure, confidential or private information in your plan. Your paper should include background about the organization, its products and services, markets, and RFID strategies. Support your paper with theories, concepts, and best practices from the course textbook and scholarly resources available from the Library and other Internet sites provided in this course.

Question

200 Words, No Plagiarism

Pricing is controlled by the manufacturer or producer of the product or service. The manufacturer or producer understands the competition (competitive activity), the consumer, and its own company requirements.  

  1. Please discuss a product whose price you have seen change in response to its competition.   
  2. How did the price change?    
  3. Did the price change seem to result in favorable business results? Details are important.

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