All tagged 5G
A firm that wants to increase the price should “nibble” at price increases. That is, the increases must be small. Preferably, small enough to be within the latitude of price acceptance which will mean that there will be no impact on the probability of purchase. With the increase price, the reference price will also increase in the adaptive model. As the reference price increases, price latitude will increase. So, there is much benefit in small increments of price increases.
As President Trump prepares to travel to G20 summit, and meet with President Xi, the media reports suggest that China will insist on lifting of sanctions against Huawei. President Trump should certainly consider this.
We must recognize two important facts, and work based on those facts. One, Huawei has now grown to be a global technology and market leader. Two, Huawei now stands as a potential significant global contributor to increased economic growth and productivity through its enabling technologies.
