Advertisements
Advertisements
प्रश्न
______ is the most common method used for pricing.
पर्याय
Cost plus pricing
Target pricing
Break-even-pricing
Marginal cost
उत्तर
Cost plus pricing is the most common method used for pricing.
Explanation:
Cost-plus pricing is a straightforward and widely used pricing method in which a fixed percentage (markup) is added to the cost of producing a product to determine its selling price. This approach ensures that all costs are covered and a profit margin is achieved. It's commonly used because of its simplicity and the ease with which it can be applied across various products and industries.
APPEARS IN
संबंधित प्रश्न
Markup pricing is also called as ______.
Introducing a product at low price and increasing the price once the brand succeeds is known as ______ pricing.
Parity pricing is not relevant under the present marketing conditions. Justify either for or against by giving two reasons.
What is Cost plus pricing policy?
What is penetrating pricing?
What pricing strategy will be used to launch a high-end smartphone?
What pricing strategy will be used to launch shampoo?
What are various strategies used for pricing a product?
"Penetrating pricing leads to setting a high initial price". Comment
Discuss the cons of Penetrating Pricing Policy.
