Which of These Is a Cost-Oriented Approach to Pricing

question 36

Multiple Choice

Which of these is a cost-oriented approach to pricing?

• A) cost-plus pricing
• B) skimming pricing
• C) prestige pricing
• D) loss-leader pricing
• E) bundle pricing

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Definitions:

Supervisor

An individual within an organization who oversees and directs the work of a group of employees, ensuring that tasks are completed efficiently and effectively, and that team goals are met.

Behaviourally Anchored Rating Scales

An evaluation tool that rates employee performance based on specific behaviors that are anchored to numerical scales, aiming to reduce subjectivity.

Content Validity

The extent to which a selection instrument, such as a test, adequately samples the knowledge and skills needed to perform a particular job

Public Sector

The part of the economy composed of both public services and public enterprises that are owned and operated by the government.