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April 8, 2021

Write 200 words on each of the following topic for Bank of America Corporation. A demand anal

Write 200 words on each of the following topic for Bank of America Corporation.

A demand analysis illustrating the consumer behavior (purchasing power and substitution effect), targeting, switching cost, positioning, price elasticity of demand (demand determinants), interpreting income and advertising elasticity.

A pricing analysis illustrating value in use/value based pricing (product specifications, ease of use, service frequency, change order responsiveness, loyalty programs, and empathy in order processing), couponing, bundling, price discrimination, and price skimming versus full-cost pricing.

A “What they got wrong” analysis detailing a strategy mistake using the course concepts.

A “What they got right” analysis detailing a strategy win using the course concepts.

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