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Pricing Decisions

Pricing Decisions

The price of an item is an important component of decision making in procurement, but is not the only factor for a final decision. Write a three- to -four page, APA style paper that reviews the overall components of a pricing strategy. Include examples from external research to support your views. Describe a company that has used a purchasing strategy to improve the financial impact of the company. Use at least two scholarly sources.  

Grading Rubric

Total Possible Score: 8.00

Evaluates the Overall Components of the Company’s Pricing Strategy

Total: 3.50

Distinguished – Provides a comprehensive evaluation of the overall components of the company’s pricing strategy.

Proficient – Provides an evaluation of the overall components of the company’s pricing strategy. The evaluation is missing minor details.

Basic – Provides a partial evaluation of the overall components of the company’s pricing strategy. The evaluation is missing relevant details.

Below Expectations – Attempts to provide an evaluation of the overall components of the company’s pricing strategy. The evaluation is missing significant details.

Non-Performance – The evaluation of the overall components of the company’s pricing strategy is either nonexistent or lacks the components described in the instructions.

 

Provides Relevant Examples from External Research to Support the Evaluation

Total: 3.50

Distinguished – Provides relevant and appropriate examples from external research to support the evaluation.

Proficient – Provides examples from external research to support the evaluation. Examples are mostly relevant and appropriate.

Basic – Provides limited examples from external research to support the evaluation. Examples are somewhat relevant and/or appropriate.

Below Expectations – Attempts to provide examples from external research to support the evaluation; however, examples are not relevant or appropriate.

Non-Performance – The examples from external research to support the evaluation are either nonexistent or fails to support the evaluation.

 

Critical Thinking: Explanation of Issues

Total: 0.17

Distinguished – Clearly and comprehensively explains the issue to be considered, delivering all relevant information necessary for a full understanding.

Proficient – Clearly explains the issue to be considered, delivering enough relevant information for an adequate understanding.

Basic – Briefly explains the issue to be considered, delivering minimal information for a basic understanding.

Below Expectations – Briefly explains the issue to be considered, but may not deliver additional information necessary for a basic understanding.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions. 

 

Integrative Learning: Connections to Discipline

Total: 0.17

Distinguished – Autonomously synthesizes or draws conclusions by combining examples, facts, or theories from multiple disciplines. 

Proficient – Autonomously correlates examples, facts, or theories from multiple disciplines.

Basic – Attempts to correlate examples, facts, or theories from multiple disciplines.

Below Expectations – Displays inconsistent examples, facts, or theories from multiple disciplines.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: Control of Syntax and Mechanics

Total: 0.17

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: APA Formatting

Total: 0.17

Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors. 

Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements. 

Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: Page Requirement

Total: 0.16

Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages. 

Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages. 

Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.   

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

Written Communication: Resource Requirement

Total: 0.16

Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

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Assignment Outline