ECON2245 - Identify And Explain A Pricing Strategy For A Particular Firm Or Industry - Economics Assignment Help

Assignment Task

1 ECON2245: Business Economics Individual Assignment Assignment Question: Identify and explain a pricing strategy for a particular firm or industry. Using the theories taught in this unit explain the purpose of the pricing strategy and discuss how it is possible for the firm (or industry) to adopt such as a strategy. Explain an alternative pricing strategy that the firm could use. About the Assessment: All students are required to complete the individual assignment. Purpose of the Assignment: The purpose of this individual assignment is to demonstrate both a theoretical and practical understanding of a business economics that draws upon several of the topics covered in this unit. You should do your own research to discover relevant articles to help inform your arguments. You will also need to provide evidence to support your claims and arguments. You will need to research a pricing strategy in detail and provide evidence of the pricing strategy. Assignment Details: 
• The assignment is worth 30 percent of the unit. 
• Due Wednesday 23rd September at 5pm. 
• The penalty for late submission is 5 percent deduction of the total mark allocated for the assignment per day for the first 7 days (including weekends and public holidays) after which the assigned work is not accepted. Each 24-hour block is recorded from the time the assignment is due. • Students are required to submit their assignment via LMS. 
• The assignment needs to be types using a font size of 12 and 1.5 spacing. 
• Turnitin will be used to detect plagiarism (see below). 
• The word limit for the assignment is 2,000 words and a word count must be clearly displayed on the cover sheet of the assignment. Penalties apply for going over the 2,000 word limit. There is no leeway for the word limit. 2 
• The reference list can be excluded from the word count.
• The penalty for exceeding word limit a penalty of 1 percent of the total mark allocated for the assignment for each 1 percent in excess of the word limit. 
• The assignment must be referenced correctly and contain a reference list (See UWA’s guide on referencing: https://guides.library.uwa.edu.au/referencinguwa). Pricing

Strategies: Students should refer to Topic 3 for potential pricing strategies. They are required to examine the pricing strategies for a firm or industries and provide real life evidence of these strategies.

Plagiarism: Turnitin software will be used to detect any plagiarism and the level or originality of the assignment and any form of plagiarism will not be accepted and will be heavily penalised. Student Services provides an online plagiarism portal that includes a definition of plagiarism and a link to FAQ:. More information about 'Turnitin' can be found at. Suggested Structure: A proposed structure for the assignment is as follows – the assignment should have headings for each section:

• Cover page which includes the word count, the student’s name and student number and the student’s tutor and tutorial time.

• Introduction – this should include the purpose of the assignment and (i.e. what the assignment sets out to do) and a brief discussion on your chosen firm or industry. You should include some background of the firm or industry. '

• Discussion on the pricing strategy including evidence of the pricing strategy.

• Discussion on the purpose of the pricing strategy, based on real world and theoretical concepts.

• Discussion on how it is possible for the firm or industry to adopt such as a pricing strategy. This should be based on real life events as well as economic theory.

• Explain an alternative pricing strategy for the firm. 3 • Conclusion – this should be a brief paragraph summarising what the assignment has covered.

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