Understand the importance of pricing.

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Concept – Pricing

Learning Objectives:

  1. Understand the importance of pricing.
  2. Recognize the impact of supply, demand, and elasticity on pricing.
  3. Understand the break-even analysis for low- and high-priced products and services.
  4. Understand the difference between maximizing the number of units sold to produce volume vs. maximizing revenue and profits.
  5. Understand the impact of the psychological aspects of pricing.
  6. Create awareness about price discrimination.
  7. Understand the concept of non-linear pricing.
  8. Acknowledge the reasons for changes in pricing.

Reflection and Discussion

Reflect on the assigned readings for the week. Identify what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.

Also, provide a graduate-level response to each of the following questions:

  1. Lawyers are changing their pay structures. It used to be that they would bill hourly (top dollar for top lawyers, less experienced helpers had cheaper rates). Now they’re beginning to price like consultants—per project. Thus they must begin assessing the value-added to the client firm of the legal expertise and assistance. What advice would you give a law firm to proceed fairly and profitably?
  2. What are the kinds of purchases for which you’ll “spare no expense”? What kinds of purchases do you want to buy spending as little as possible? What are the major differences between these two categories that drive your attitude regarding price?

Assignment

Activity: Recall the product life cycle and discuss the pricing strategies followed in each phase of the life cycle.

The assignment is to answer the question provided above in essay form. This is to be in narrative form and should be as thorough as possible. Bullet points should not to be used. The paper should be at least 1.5 – 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and utilizing at least one outside scholarly or professional source related to marketing management. The textbook should also be utilized. Do not insert excess line spacing. APA formatting and citation should be used.

Create a plan for managing, leading, and developing your team of early childhood professionals.

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Overview

This Assessment is a Performance Task in which you are asked to assume the role of the director of a specific early childhood center. You have been the assistant director at Elmtree Early Childhood Care Center for several years. The current director of Elmtree is vacating her position and you have recently decided to accept the position of director. In your new position, you are responsible for facilitating staff meetings and team building; assigning faculty to classrooms; and implementing strategies for effective collaboration. You are aware of the need to address conflicts that have arisen among the teachers and caregivers in your center.

For this Performance Task, you will create a plan for managing, leading, and developing your team of early childhood professionals. Using the information provided in the “Overview of Elmtree Early Childhood Care Center” and “Conflicts at Elmtree Early Childhood Care Center” documents, you will explain how you will build and manage an effective team under your new leadership.

Your response to this Assessment should:

  • Reflect the criteria provided in the Rubric.
  • Adhere to the required assignment length.
  • Use the APA Course Paper template. All submissions must follow the conventions of scholarly writing. Properly formatted APA citations and references must be provided where appropriate.

Professional Skills: Written Communicationand Critical Thinkingare assessed in this Competency. You are strongly encouraged to use the Writing Checklist and to review the rubric prior to submitting.

This Assessment requires submission of one (1) document. Save this file as LD002_firstinitial_lastname (for example, LD002_J_Smith). When you are ready to upload your completed Assessment, use the Assessment tab on the top navigation menu.

Instructions

Before submitting your Assessment, carefully review the rubric. This is the same rubric the assessor will use to evaluate your submission and it provides detailed criteria describing how to achieve or master the Competency. Many students find that understanding the requirements of the Assessment and the rubric criteria help them direct their focus and use their time most productively.

Rubric

Access the following to complete this Assessment:

  • Overview of Elmtree Early Childhood Care Center
  • Conflicts at Elmtree Early Childhood Care Center

In one document, do the following:

  • Explain how you will pair the teachers at your center with a rationale for your choices. Consider the background information provided about each person and the conflicts that have taken place as you develop your teaching teams. (1–2 pages)
  • Explain at least one strategy you will use to resolve each of the three conflicts presented in “Conflicts at Elmtree Early Childhood Care Center.” Provide a rationale for each strategy you chose. (2 pages)
  • Describe at least two strategies that build consensus among team members. Provide a rationale for each strategy, and explain why it is effective in building consensus. (1–2 pages)
  • Describe at least two ways you will foster a team approach to problem solving and decision making. Provide a rationale for each strategy you chose and how it fosters a team approach to problem solving and decision making. (1–2 pages)
  • Describe at least two strategies you will recommend to your staff for responding to diversity and cultural differences among team members. Explain how these strategies will contribute to an effective team. (2 pages)

For this assignment, you will write an argumentative paper on something of interest to you regarding development and urbanization (ex. zoning, gentrification, historical preservation, etc. this is a very broad topic). Your paper should have an argumentati

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For this assignment, you will write an argumentative paper on something of interest to you regarding development and urbanization (ex. zoning, gentrification, historical preservation, etc. this is a very broad topic). Your paper should have an argumentative stance. This means you will either be addressing a problem from a solution oriented stance, or arguing for or against something.

Creating Environments and Curriculum Essentials

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Creating Environments and Curriculum Essentials

Describe the differences between an integrated curriculum, emergent curriculum and an inclusive curriculum for young children. Why is “play” an important part of learning? What are the components of a written plan? Why are all components needed when planning lessons for young children?

The first paragraph will describe the difference between the three types of curriculums and how it relates to young children. The second paragraph will discuss the components of writing a lesson plan for a classroom of young children. Remember . . . the first sentence of each paragraph is an opening that states the main idea. The rest of the sentences in a paragraph give details that support the main idea. As always, the last sentence is a conclusion sentence that “sums it all up.”

In your replies to your classmates, remember to extend the conversation by adding some new information about their topic, presenting a slightly different viewpoint to their discussion, offer an illustration or a personal experience, or even offering a polite different point of view. Simply saying “great job” will not get you any points for your replies.

Submit your thread by 11:59p.m. (ET) on Thursday and your two replies by 11:59p.m. (ET) on Monday of Module/Week 8.