Your assignment # 5 relates to chapter 19 Cengage Activity Video Analysis New round of price increases to hit grocery stores in 2022. Designed to reinforce the learning objectives of the course, and in conjunction with the final exam will provide a measure of your material’s knowledge and critical thinking skills.
Instructions
Your video analysis answers must be written in a form of essay formatted APA Style of Writing, no less than 2 full pages (300 words) per page of written content.
With multiple academic resources references/citations (textbook, and one other source of reference, preferable Pro-Quest or STATISTA data bases from the FNU Library) that will support the content of the analysis.
(The video assigned will provide relevant information that correlates to the chapter assigned)
View video “New round of price increases to hit grocery stores in 2022” Chapter 19 Pricing Concepts.
Discuss the following video questions:
How do price increases caused by environmental factors (recession or inflation) affect marketing strategy?
How does price affect your view of a product’s quality, brand, or benefits?
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