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    TUGAS 1 TUTORIAL ONLINE 3 BAHASA INGGRIS NIAGA

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    sintyadewi032019

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    TUGAS 1 TUTORIAL ONLINE 3 BAHASA INGGRIS NIAGA

    Uploaded by

    sintyadewi032019
    1 views3 pages

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    1 views3 pages

    TUGAS 1 TUTORIAL ONLINE 3 BAHASA INGGRIS NIAGA

    Uploaded by

    sintyadewi032019

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    TUGAS 1 TUTORIAL ONLINE 3

    MATA KULIAH BAHASA INGGRIS NIAGA

    Di Susun Oleh
    NAMA : Ni Putu Sintya Dewi
    NIM : 050308101
    PROGRAM STUDI : Manajemen SI
    UNIVERSITAS TERBUKA
    UPBJJ Denpasar
    Soal :

    Select one of the topics below and write an original essay consisting of three well-structured
    paragraphs. Your essay should reflect your understanding and perspective on the topic.
    Support your arguments with relevant examples and references, but make sure your response
    is in your own words and not a direct copy from any sources.
    Banking and Business Loans:

    Imagine you are an entrepreneur looking to expand your retail business. You need to secure a
    significant loan to finance this new venture. Considering various types of banks and their
    offerings, which one would you choose, and why? In your response, consider factors such as
    interest rates, customer service, and the range of financial products available. Reflect on how
    these factors align with your business needs and long-term goals.
    Price Elasticity of Demand:
    Price elasticity of demand indicates how sensitive the quantity demanded of a good or service
    is to a change in its price. What are the potential risks for a company if it sets its product
    price too high? Analyze how such a decision could affect demand, sales, and the overall
    performance of the business. Use your understanding of economic principles to explain the
    potential consequences and provide real or hypothetical examples.
    Demographics and Market Strategy:

    Businesses often use demographic analysis to understand the characteristics of their target
    market, such as age, income, education level, and family structure. How can companies
    leverage demographic data to design effective marketing strategies and enhance customer
    engagement? Discuss the importance of tailoring marketing efforts to specific demographic
    segments and provide examples to illustrate your points. How can these strategies help a
    business succeed in a competitive market?
    Jawaban :
    Price and demand estimation

    Price is the exchange value of a good or service expressed in monetary units. In other

    words, price is the monetary value that will be given to the seller, while demand is the

    consumer's desire to purchase a particular product. Price elasticity of demand is a measure of

    how sensitive demand is to changes in the price of a good or service. If the price rises, the

    quantity demanded will decrease, and vice versa, according to Nisa Febianti, 2014.

    If the product is sold at too high a price, consumers will switch to cheaper competing

    products, in accordance with the economic law known as the law of demand, which states that

    if the price of a product rises, the demand for that product will decrease. What will happen if

    the company sets the price too high is a loss of profit because many customers will switch to

    similar products, difficulty justifying the price because consumers have already perceived the

    company as selling at a high price, excess inventory in the warehouse which will cause the

    quality of the goods to decline, and the cessation of production because there is already too

    much.

    According to Nandy in the Gramedia blog, there are several factors to consider when

    setting prices, namely Costs, Customers, Product Type, Target Market, Competitors, Economic

    Conditions, Demand Elasticity, Supply and Demand, Government Regulations, and Company

    Objectives. Apart from all that, some companies set high prices and produce limited quantities

    to establish product exclusivity in order to increase selling prices, such as famous bag brands.

    This can happen if the company is already well-known to the public and the offered product

    cannot be found elsewhere.

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