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Key Marketing Updates and Reminders for DECA Participants

Attention DECA participants! This March 8th, please ensure your field trip forms are submitted. Our focus today will revolve around the significant impact of pricing decisions on business success. We will explore essential questions such as how supply and demand influence prices, the various factors affecting pricing decisions, and the implications of adopting the lowest price strategy to maximize sales. In our agenda, we will review our market share assignment from the last class and continue our PowerPoint presentation alongside the pricing packet.

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Key Marketing Updates and Reminders for DECA Participants

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  1. Marketing 2 March 8 Red Day Reminders: Introduce New Participation Points State DECA Participants need field trip forms turned in Enduring Understanding: Pricing decisions can make or break a company Essential Questions for Today: How does supply and demand affect price? What factors affect pricing decisions? How does charging the lowest price lead to maximizing sales? Agenda: Review Market share assignment/last class Continue PowerPoint and Pricing Packet

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