Question: For this assignment you will be a party planning consultant. You will be determining whether the party you are planning for a client is financially

For this assignment you will be a party planning consultant. You will be determining whether the party you are planning for a client is financially viable. This will require research of actual suppliers and costs. See assignment instructions, sample paper and grading rubrics attached below. 1. Determine the sales price for a ticket to your party. How did you come to this price? Remember to use the pricing strategies and objectives from the pricing section of our marketing overview. You also will want to benchmark against your competition: Who are three competitors and what are they charging? What is your competitive advantage? Tip: Use pricing strategies and objectives from Learning Module 4 (pricing) in the text.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

For this assignment you will be a party planning consultant. You will be determining whether the party you are planning for a client is financially viable. This will require research of actual...

You will be a party planning consultant. You will be determining whether the party you are planning for a client is financially viable. This will require research of actual suppliers and costs. See...

Case Study - Financial Analysis Let's Throw a Business Party! A case study to learn how to project sales, research and estimate expenses, and to calculate projected profit/loss. This analysis will...

WONDER KIDZ FRANCHISE Mayank Bansal sat tensely in his office in Bhopal, the state capital of Madhya Pradesh in India. It was July 13. 2015. and he had just had a long discussion with Rajesh Thakur,...

need answer for these questions 13, 17, 19, 20, and 23? PART 5 Business Valuations Chapter Business Valuations A valuation analyst should be able to explain and defend his or her valuation, including...

WONDER KIDZ FRANCHISEMayank Bansal sat tensely in his office in Bhopal, the state capital of Madhya Pradesh in India. It was July 1 3 , 2 0 1 5 , and he had just had a long discussion with Rajesh...

need answers for questions 13, 17, 19, 20, and 23? PART 5 Business Valuations Chapter Business Valuations A valuation analyst should be able to explain and defend his or her valuation, including both...

ACCT702 Case analysis You are a team of financial consultants hired to assist the client, Mr. Bansal. Instructions Read the case individually and jot down your notes. Discuss the case with your...

The opposition party to Jackson became known as the Democrats Whigs Republicans Federalists

California Clinics, an investor-owned chain of ambulatory care clinics, just paid a dividend of $2 per share. The firms dividend is expected to grow at a constant rate of 5% per year, and investors...

A constant payout ratio applies that dividends vary with earnings

Discuss several ways ( at least four ways ) to improve the requirement process and thus, a project team can avoid a situation where too many changes to the project requirements occur at the later...

Fixed dollar match: 75 cents per each $1 employee contribution.

Define each of the following benefit laws: a. Employee Retirement Income Security Act?

Variable dollar match: $1 per each $1 employee contribution on the first 2 percent of pay and 75 cents per $1 employee contribution for the next 3 percent of pay. What is the employers contribution...