Cost-Led Pricing Refers to Which of the Following Pricing Calculations

question 35

Multiple Choice

Cost-led pricing refers to which of the following pricing calculations?

• A)calculating the cost of manufacturing and delivering the product and adding a profit margin
• B)calculating the cost based on how much profit you have targeted in your business plan
• C)calculating the price based on the maximum price a customer will pay
• D)calculating the price based on competitive products

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Definitions:

Secondary Key

An attribute or set of attributes in a database table that helps further identify and sort records, but isn’t the primary means of record identification.

Foreign Key

A field in a database table that uniquely identifies a row in another table, creating a link between the two tables.

NewSQL Systems

A class of modern relational database management systems that seek to provide the scalability of NoSQL systems while maintaining the ACID guarantees of a traditional database system.

Autonomy

The right or condition of self-government, or in a more general sense, the capacity of an individual to make an informed, un-coerced decision.