EM - Functions of Pricing [LESSON]

Functions of Pricing

View the presentation on the functions of pricing.

Career Highlight

Program of Study - Buying & Merchandising

Buying and merchandising programs prepare students to work as buyers for retail stores. Content covered in a buying and merchandising program:

  • Negotiation and sales
  • Retail trends
  • Contract development and management
  • Marketing research
  • Marketing principles

High school courses that will help prepare you for a buying and merchandising program of study:

  • Accounting
  • English
  • Textiles
  • Marketing
  • Business
  • Business law
  • Psychology

Entrepreneurship

An entrepreneur is someone who works for themselves by owning a business. The characteristics needed to be a successful entrepreneur are:

  • Hard working
  • Risk taker
  • Independent
  • Wants financial success
  • Energetic
  • Has self-control
  • Has a need to achieve
  • Has experience in business
  • Has self-confidence
  • Has integrity
  • Is determined
  • Adapts to change
  • Has a good network

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