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Moreover, despite the mild travel recovery under way, hotels no longer have the degree of pricing power that they had in years immediately preceding the recession.
The results indicate that the degree of pricing delegation increases as information asymmetry between the salesperson and sales manager increases and as it becomes more difficult to monitor salespeople's efforts.
But they argue that they offer value by providing better products that give them a degree of pricing power.
Half of its operations are in commodities, and half in "value-added" or products like Splenda, where it has a degree of pricing power.
A merger of BHP and Rio threatens to create a giant with a huge degree of pricing power, particularly over iron ore, which has raised the hackles of steelmakers.
Moreover, all telephone subsidiaries have been afforded some degree of pricing flexibility for products and services subject to competition.
Similar(54)
Conversely, risk-aversion of salespeople is negatively related to the degree of price delegation.
By 2015 this degree of price competition will have become normal.
'It's possible that indices are actually understating the degree of price falls across the country,' says Liam Bailey, head of research at agents Knight Frank.
By competing in package sizes, manufacturers may be able to soften the degree of price competition in the downstream market, and raise margins accordingly.
But bankers fear that forcing most derivatives to be traded on exchanges would provide a degree of price transparency that will gut their often outsized profits.
More suggestions(17)
degree of subscription
degree of cost
level of pricing
tiers of pricing
degree of fineness
degree of difficulty
degree of pragmatism
degree of receptivity
degree of supervision
degree of sportsmanship
degree of impunity
degree of concentration
degree of surrender
degree of fear
degree of grandiosity
degree of individualism
degree of independence
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