The price of an item is an important component of decision making in procurement, but is not the only factor for a final decision. Write a 3-4 page, APA style paper that reviews the overall components of a pricing strategy. Include examples from external research to support your views. Describe a company that has used a purchasing strategy to improve the financial impact of the company. In ADDITION to the REQUIRED TEXT (Benton, W. C. Jr. (2010). Purchasing & supply chain management, 2nd ed. New York, McGraw-Hill Irwin) use at least one resource from the online library to obtain examples.
Reviews the overall components of a pricing strategy.
Includes examples from external research to support views (including at least one resource from the online library).
Describes a company that has used a purchasing strategy to improve its financial impact.
The content is well organized and presented in a clear manner.
Sentences are complete, clear and concise.
The assignment is 3-4 pages, double-spaced and in APA format.
The assignment includes a cover page that includes:
− Title of paper
− Student’s name
− Course name and number
− Instructor’s name
− Date submitted
The assignment includes, on the final page, a list of references that is completed according to APA style as outlined in the approved style guide.