Question

Discuss two important pricing methods in practice

Answer 1

Answer:

Explanation:

Cost-oriented methods or pricing are as follows:

•Cost plus pricing: Cost plus pricing involves adding a certain percentage to cost in order to fix the price. ...

•Mark-up pricing: Mark-up pricing is a variation of cost pricing. ...

•Break-even pricing: ...

•Target return pricing: ...

•Early cash recovery pricing:

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