Analyze the place and price for a product. You can use the s

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Analyze the place and price for a product. You can use the same product you used for the previous assessment, or you can choose another organization or product.Place AnalysisAnalyze distribution channels. (How does the organization get the product to market?)Analyze where the product is being sold and the approach to inventory.Analyze the relationship between the company’s place strategies for the product and the company’s economic success.Describe potential management challenges related to implementing the company’s place strategies.Price AnalysisAnalyze the pricing system for the product. Is it cost-based, value-based, or competition-based? How did you come to your determination?Analyze the relationship between the company’s price strategies for the product and the company’s economic success.Describe potential management challenges related to implementing the company’s price strategies.

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