Thursday, April 23, 2015

Goodbye 50% Off Sales: Deep Discounts are Ending

On Monday, Royal Carribean cruise lines announced that they are looking to eliminate last minute discounts. Harley Davidson also announced that they will no longer be worrying about competing price wise with competitors. They are getting rid of discounts for a couple of different reasons. The first is that now we are out of the recession, people can afford more expensive products. The next is that companies are becoming more and more aware of pricing psychology. People tend to associate higher prices with higher quality therefore giving a better name to the product in most cases but not all.

"Goodbye 50% off Sales: Deep Discounts Are Ending." CNNMoney. Cable News Network. Web. 23 Apr. 2015. <http://money.cnn.com/2015/04/23/investing/deep-discounts-ending/index.html>.

Thursday, April 9, 2015

Iran Agreeing to Nuclear Deal Under Sircumstances

Iran agreed to signing the nuclear agreement if sanctions against them are lifted. Six world powers agreed to a preliminary deal that would limit Tehran's nuclear program in exchange for the lifting of economic sanctions. The United States stated that if a final deal is reached the lifting of any sanctions will come in phases. Negotiators from the U.S., Iran, China, Russia, Germany, France, and Britain have until June 30 to come up with a final deal.

http://www.cnn.com/2015/04/09/politics/iran-nuclear-bill/index.html