Imagine that you work for a pricing strategy consulting business. Select a business to be your next client. Think
of a scenario that would result in your client seeking advice from your consulting business. You will use this
same business or client for the Week 10 assignment: Pricing Strategies and Decisions.
Develop a 3-page report about your client for your boss that includes the following components:
- Company Description.
o Describe the company, the products it makes or services it provides, and the problems or issues that the
company is facing related to its pricing strategy.
- Pricing Strategies.
o Evaluate the pricing strategies relative to the product life cycle for your client’s three top-selling products.
o Summarize the critical factors (for example, technology, regulation, market information, and consumer
preferences) that affect your client’s pricing decisions.
o Describe the impact value has on the company’s pricing strategy and profitability, and the importance of
o Determine the effectiveness or ineffectiveness of your client’s price and value communication strategies.
Weatherford Laboratories are involved in rock and fluid analysis by providing several services related to oil and gas production around the world. Weatherford labs has wide experience in working with different type of fluids and reservoir which play an important role for oil and gas producers. In addition, this experience leads the company to reach determinations on the best production for the long-term viability of a well. Weatherford labs provide several services according to the client requirements, for instance MICP (Mercury injection and Capillary pressure), Porosity and Permeability measurement, CT scan for cores, Soxhlet Cleaning, Core photo, Core gamma, Fluid Saturation by Dean Stark, Salinity Analysis, and finally Miscible Extraction. Weatherford laboratory sections The Waterford lab in Oman is divided into several sections and each department has special tasks. The flow chart below shows the different sect The Conventional core analysis department is about using different instrument in order to measure the porosity and permeability of fluids using Nitrogen and Helium gases. In addition porosity and permeability are important factors in petroleum. This section provide an important data related to porosity and permeability in order to get a better understanding in reservoir and flow of different types of fluids using DHP (Digital Helium Porosimeter) and DGP (Digital Gas Porosimeter) devices also VINCI is one of the instruments that used for steady- state processes. SCAL sectio Special core analysis section are specialist in understanding petrophysical properties goes beyond special techniques with advance tests to help the client more in estimating their fields. It is important to note however, that SCAl provide several services in MICP (mercury injection and capillary pressure), FRF (formation resistivity factor), and permeability of fluids especially water, CT scan, and flush cleaning using different solvents. However, the department provides unique tests related to the above processes in order to ensure the delivery of good quality services and focus on saving costs to the customer. Therefore, SCAL section is responsible for different fluid analysis at several stages in order to fulfil all the operational requirements and to achieve important results that optimize production and development of the fields. Other sections Weatherford laboratories also provide some other services behind the services>GET ANSWER