Data analytics

Free IMA CMA Part 1 (Financial Planning, Performance, and Analytics) lesson in Technology and Analytics. 12 min read, ~1,854 words.

Three pricing approaches: cost-based (markup on cost), market-based (competitor benchmark), value-based (customer perceived value). MR = MC sets short-run profit-maximizing price in all four market structures (pure competition, monopolistic competition, oligopoly, monopoly). Cost of forgoing a cash discount = (discount % / (100 − discount %)) × (360 / (credit...

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