Louisiana Administrative Code
Title 28 - EDUCATION
Part LXXI - Bulletin 108-Marketing Education Content Standards Curriculum Framework
Chapter 5 - Strands, Standards, and Benchmarks
Section LXXI-531 - Strand 8.0: Pricing

Universal Citation: LA Admin Code LXXI-531

Current through Register Vol. 50, No. 9, September 20, 2024

A. Standard 8.1 Demonstrate an understanding of the nature and scope of the pricing function.

Benchmarks

Academic Cross-References

Louisiana Foundation Skills

SCANS Skills

1. Analyze the process involved in effective pricing.

2. Describe the role of business ethics in pricing.

3. Explain the use of technology in the pricing function.

4. Research legal considerations for pricing.

ELA

1-1, 3, 4, 5

2-1

3-1, 2, 3

4-1, 2, 3, 4, 5, 6

5-1, 2, 3, 4, 6

7-1,2, 4

Science

PS-D-7

PS-F-1

SE-B-6

SI-A-1, 2

SI-B-4, 5

Math

N-1, 2, 3, 4, 5, 6, 7

A-1, 2, 3, 4

M-1, 2, 3, 4

G-1, 6

D-1, 6, 7

Social Studies

C-1A-1, 3, 5, 7

C-1C-1

E-1A-1, 2, 3, 4, 5, 6, 7

E-1B-1, 2, 3, 4, 5, 6

E-1C-1, 2, 3, 4

1, 2, 3, 4, 5

Competencies

Resources

Information

Interpersonal Skills

Systems

Technology

Foundations

Basic Skills

Thinking Skills

Personal Qualities

B. Standard 8.2-Analyze and explain the factors affecting pricing decisions.

Benchmarks

Academic Cross-References

Louisiana Foundation Skills

SCANS Skills

1. Describe strategies for pricing products and services.

2. Explain product-mix pricing strategies.

3. Identify the basic rules for setting prices.

4. Calculate and identify problems to determine price.

5. Determine the cost of product.

6. Calculate price.

ELA

1-1, 3, 4, 5

2-1

3-1, 2, 3

4-1, 2, 3, 4, 5, 6

5-1, 2, 3, 4, 6

7-1,2, 4

Science

SI-A-1, 2

SI-B-4, 5

PS-D-7

PS-F-1

SE-B-6

Math

N-1, 2, 3, 4, 5, 6, 7

A-1, 3, 4

M-1, 2, 3, 4

G-1, 6

D-1, 6, 7

Social Studies

C-1A-1, 3, 5, 7

C-1C-1

E-1A-1, 2, 3, 4, 5, 6, 7

E-1B-1, 2, 3, 4, 5, 6

E-1C-1, 2, 3, 4

1, 2, 3, 4, 5

Competencies

Resources

Information

Interpersonal Skills

Systems

Technology

Foundations

Basic Skills

Thinking Skills

Personal Qualities

AUTHORITY NOTE: Promulgated in accordance with R.S. 17:6(A)(10) and R.S. 17:10.

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