The Most Commonly Used Pricing Method for Business Products Is

question 8

Multiple Choice

The most commonly used pricing method for business products is

• A) target return on investment.
• B) customary.
• C) standard markup.
• D) target profit.
• E) cost-plus pricing.

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Definitions:

Job Dissatisfaction

A negative emotional response towards one's job, resulting from a discrepancy between job expectations and realities.

Peripheral Route Persuasion

A method of persuasion that relies on cues outside of the message content, such as the attractiveness or credibility of the source.

Social Loafing

The tendency for people in a group to exert less effort when pooling their efforts toward attaining a common goal than when individually accountable.

Conformity

Adjusting one’s behavior or thinking to coincide with a group standard.