Models of pricing cost-plus pricing: ( the cost of producing the product+profit ) Forever 21 cut down the cost by hiring cheap labor and applying cheap design. Many workers in Forever 21 stores are minimum-wage high-school workers. Meanwhile, Forever 21 moves its production to Asia to pay less to workers. Forever 21 has faced more […]

Decide inc is a customer-price research firm that gathers and analyzed the data of price changing, they tracks the prices of products ranging from flat-screen television to Barbie dolls each day for at least two years across a number of retailers and e-commerce websites. However, Decide do not track in-store prices, which differ from market […]

Before I came to Canada, my parents bought Guaranteed Investment Certificates (GICs) in Royal Bank of Canada. It is a secure investment that guarantee to preserve your principal, and investors can earn some interest, at either fixed or variable rate, or based on a predetermined formula. This depends on which type of GICs you buy. […]