It will be interesting to see how this price competition turns out, as it may be fairly difficult for the British public universities to regain their footing with the new financial model within which they have to work. After all, BPP University College, as a for-profit institution, is more familiar with the concept of competing based on price than these public universities which are more accustomed to receiving government subsidies to cover a very substantial portion of their costs.
BING NEWS:
- CMU-led team wins rainforest science competition, $5 million prize
When Colorado Mesa University biology professor Tom Walla several years ago entered a team into an international competition aimed at developing ways to better assess biodiversity in rainforests, ...
11/15/2024 - 11:01 am | View Link - Apple faces £3 billion legal claim over alleged competition law breaches
Around 40 million Apple customers in the U.K. could be entitled to an average payout of £70 if a major new legal challenge is successful.
11/13/2024 - 6:42 pm | View Link - More
- Competition-Based Pricing: The Ultimate Guide
Businesses have three options for pricing their product with a competitor-based pricing strategy: Price below competitor prices. Price match competitor prices. Price above competitor prices. If companies choose to set their prices lower than competitors, they'll be a low-cost leader in the market.
11/15/2024 - 11:28 pm | View Website - Competitive Pricing Strategy: Benefits and Disadvantages
Competitive pricing is the process of strategically selecting price points for your goods or services based on competitor pricing in your market or niche, rather than basing prices solely on business costs or target profit margins.
11/15/2024 - 4:16 am | View Website - What is competition, and why is it so important for prices?
Prices. Business basics series. Register now. Across the economy, similar things tend to have similar prices. Have these been driven to their lowest natural level by competition? Or are firms...
11/15/2024 - 4:01 am | View Website - What is Price Competition? Definition, Examples & Strategy
Price competition is when a company strategically prices its products or services based on competitor pricing in your market (whether you set the price the same as the competition, below or above). Many businesses base prices solely on business costs or target profit margins.
11/14/2024 - 9:20 pm | View Website - Competitive Pricing: Definition, Examples, and Loss Leaders
What Is Competitive Pricing? Competitive pricing is the process of selecting strategic price points to best take advantage of a product or service based market relative to competition.
11/14/2024 - 3:23 pm | View Website - More
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