Pastry NAMED Inc. was established in 1966 by four friends as a small pastry shop and later reorganized as a corporation focused on making sweets. One of their new products is Mr. P, a candy discovered by a board director for his child who prefers candy to healthy foods. The company aims to provide healthy delicacies at reasonable prices and compete vigorously with other companies through equitable pricing. Their new product Mr. P Snow Ball candy has various features like the brand name and logo. The company uses a 25% markup pricing strategy and aims for market coverage through a distribution flow chart and tri-media advertising like TV, radio, and print ads.