The Company Designs What It Considers to Be a Good

question 159

Multiple Choice

The company designs what it considers to be a good product,totals the expenses of making the product and sets a price that adds a standard mark-up to the cost of the product.This approach to pricing is called ________ pricing.

• A)value-based
• B)fixed cost
• C)cost-plus
• D)variable
• E)skimming

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Definitions:

Productivity Levels

A measurement of output or efficiency of production, often evaluated in terms of the amount of output per unit of input.

Internal Email System

A digital communication network used within an organization to send and receive messages and documents among employees.

Anonymous Employee Survey

A method used by organizations to collect candid feedback from employees about their workplace experiences, concerns, and suggestions while protecting their identities.

Face-To-Face Interviews

A method of data collection or evaluation where conversations are conducted in person, allowing for in-depth discussion and feedback.