MKT-315

Your manager just came to you and asked you to present to the marketing team about marketing math. You want to create a leave behind memo so they have the details of the presentation to refer to in the future. Create the memo and share it first here with your peers before the big department meeting.

What is the right price (ethically, economically, financially)? How is price related to the value of human labor that was invested in it?

Consider these verses:

1 Corinthians 6:19-20 English Standard Version (ESV) 19 Or do you not know that your body is a temple of the Holy Spirit within you, whom you have from God? You are not your own, 20 for you were bought with a price. So glorify God in your body.

Leviticus 25:15-16 New International Version (NIV) 15 You are to buy from your own people on the basis of the number of years since the Jubilee. And they are to sell to you on the basis of the number of years left for harvesting crops. 16 When the years are many, you are to increase the price, and when the years are few, you are to decrease the price, because what is really being sold to you is the number of crops.

Exodus 22:14 New International Version (NIV) 14 If anyone borrows an animal from their neighbor and it is injured or dies while the owner is not present, they must make restitution.