Paper Topic:
memo-pricing decision
Running head : USERADDRESS ASK \ MERGEFORMAT SUBJECT \ Upper \ MERGEFORMAT MEMO-PRICING DECISION SUBJECT \ MERGEFORMAT Memo-Pricing Decision AUTHOR \ MERGEFORMAT XXXXXXXXXXXX DOCPROPERTY "Company " \ MERGEFORMAT XXXXXXXXXXXXXXXXX TITLE \ MERGEFORMAT XXXXXXXXXXXXX SAVEDATE \ "MMMM d , yyyy " \ MERGEFORMAT June 12 , 2009 interoffice memorandum to : Mr James , President Global Automobiles from : Mr XXXX , World Wide Sales Manager Global Automobiles subject : Price Change for our Mid-Sized Automobiles date : DATE \ MERGEFORMAT 13 /06 /2009 ________________________________________________________________________ ______ The global recession has deeply set in and is getting worse day
by day The fortunes of our company have been hugely impacted by it .We suffered operating loss of 26 ,000 million in the first quarter of 2009 resulting in net loss of 56 ,000 million . The rising fuel prices and recession have made consumer highly price conscious . Many automobile companies are contemplating on launching of new models of fuel- economical mid-sized cars and slashing the rate of existing cars . Japanese automobile maker Honda has already decreased the price of its hybrid car , Insight by 1000 which comes back to back after its 500 price cut in the previous quarter . The sale of our two mid-sized models Glitz-TZ and Sonata have shown a decline of 50 over the previous years figure in the same part of the year
The following table presents some of the recent mid-sized cars and their base model prices . It also shows the proposed price of our two mid-sized cars
Car Company Price (Dec-2008 ) Price (June2009
Prius Toyota 21 ,000 20000...
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