A. market based approach
B. cost incurrence pricing
C. cost plus pricing
D. locked-in cost pricing
Correct Answer: cost plus pricing ✔
Last Updated: May 11, 2023
Related MCQs
- In cost-plus pricing, the ‘plus’ refers to a component named as __________?
- The process which leads to disassembling and analysis of competitors, operating activities to become acquainted with competitors’ technologies is called __________?
- The practice of seller to charge higher price for same market offering is classified as __________?
- The systematic evaluation of value chain, to reduce costs and high quality, to achieve satisfied customers is known as __________?
- An income, which a company aims to earn by selling each unit of market offering is classified as __________?
- The kind of cost which on elimination, would not reduce the perceived usefulness that customers can obtain by using the market offering is known as __________?
- The concept, which states that resources are used to meet particular goals is __________?
- An insensitivity of demand in relevance to change in price will be called __________?
- An estimated price, which is expected to be paid by customers for particular market offering is classified as __________?
- The costs that are planned in future and has not been incurred are known as __________?
- If cost is eliminated, then reducing the perceived usefulness that customers can obtain by using the market offering will come under __________?
- The practice by seller, about offering same product at different prices, to the different customers is known as __________?
- A technique, which accumulates and tracks the costs of business function in value chain attributed to each market, offering from R&D to final customer support, is called __________?
- If total production is 25000 units and target annual operating income is $300000, then target operating income per unit would be __________?
- The total cost incur by customer to use, acquire, maintain and dispose service or product is classified as __________?
- The pricing method used by services companies, such as home repair services, architectural firms and automobile repair services is known as __________?
- The span time from initial research and development of product till support and customer service, if not offered for that particular product will be called __________?
- If the invested capital is $150000 and target rate of return on investment is 16%, then the targeted annual operating income would be __________?
- The major influential factors on supply and demand include __________?
- The technique, which accumulates and tracks revenues of business function in value chain attributed to each market offering from R&D to final customer support is called __________?
- The companies that perform in less competitive markets and their market offerings significantly differ are classified as __________?
- The major approaches to make decisions about pricing include __________?
- The companies that perform in competitive markets using the pricing approach are known as __________?
- The selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of __________?
- The target price is subtracted from per unit target operating income to calculate __________?
- An estimated cost per unit in long run, which enables the company to achieve it’s per unit target, operating income is classified as __________?
- If the cost base is $350 and the markup component is 11% then prospective selling price will be __________?
- The target annual operating income is divided with invested capital to calculate __________?