Write a brief essay on pricing strategies and when, how and why they are used by companies to gain market share, introduce new products, and increase the turn over of their products or services. Describe and give outside examples of companies using differ
According to the rationalist , it is only a rational institution that can offer a secure foundation Moreover , it is only deduction that can lead the way to establishing a new knowledge based on that foundation . Sosa claims that the knowledge model here is an axiomatic system where theorems come as a result of a reasonable deduction . Rationalists were therefore the logicists who made efforts to reduce all concepts in mathematics to axioms which are evident by themselves . On the other hand , empiricists according to Sosa accept both foundations as in the rational

institution and the foundations based on sensory experience (1980 . He regards them as unsuccessful in their efforts of reducing each and every substantial reality to sensory experience
However , empiricism is more liberal compared to rationalism in that it acknowledges a wider foundation which is provided by the rational institution and also the sensory experience it admits to both inductive and deductive reasoning . All the same , this is not satisfactory according to Sosa . Sosa considers the knowledge earned through observation in the immediate surrounding without any instruments . Sosa says that this observational knowledge cannot be described simply by deduction or induction from what an individual could know by introspection of their sensory experience . Sosa is also of the opinion that induction through enumeration is not sufficient neither is the use of abductive inference
In summary , Sosa says that foundational empiricism puts forward three ways for a conviction to comprise knowledge foundationally . These include the rational institution one 's personal experience introspection and the direct observation of the immediate surroundings of everybody . As seen through Sosa , the rational institution has a problem where a person could be right in being compliant to a truth which is necessary even though they could be found guessing . This simply states that the individual...
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