The Simplest Pricing Method Is ________ Pricing

question 59

Multiple Choice

The simplest pricing method is ________ pricing.

• A) value-based
• B) fixed cost
• C) cost-plus
• D) target return
• E) competition-based

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Definitions:

Technical Expertise

Specialized knowledge or skills in a specific area of technology, often crucial for solving complex problems or creating innovative solutions.

Functional Departments

Distinct sections within an organization, each dedicated to a specific function or area of expertise such as marketing, finance, or human resources.

Mechanistic

An organizational structure characterized by rigid hierarchies, clear responsibilities, and centralized decision-making.

Organisational Design

Organisational design is the process of creating structures that best serve a company’s mission and objectives.