Identification of Pricing and Distribution Issues For the Company, Country, and Product or Service You Chose For Your Course Project

Pricing is one of the most important part of any particular business irrespective of the sector they operates in. It is one of the most vital component that impacts the operations of a particular company one way or the other. It determines the perceptions of the customers regarding a particular set of products or services. It also enhance the value of the products and services to a greater extent altogether. This aspect affects the brand, image and market positioning within the marketplace. This aspect is also relevant for the operations of the companies like Toyota operating on the global business environment. It has been learnt that companies must need to ensure the deliverance of quality products and services to the customers. In this context, the approach of Toyota is more or similar to an extent. However, it has been leant that the company is dealing with problems of building a firm pricing strategy owing to the prevalence of a fluctuating trend within the automobile industry of that very market (Smith, 2011).

Are There Any Issues That Will Positively Or Negatively Affect Your Pricing Strategy? Why and How?

It has been depicted that there are certain prevailing issues in the automobile market of China that is hindering the operations of the companies in various sector one way or the other in a negative manner altogether. It has been comprehended that companies in the present day scenario often base their pricing strategy as per the demand and preferences of the customers. However, owing to the fluctuating pattern of the demands and preferences of the customers in the market, it is quite obvious that the company is unable to forecast the future trends of the business and likewise face problems in emerging with a better