Examlex
In Woodward's study, this type of production combined high vertical differentiation and low horizontal differentiation.
Target Profit Pricing
A pricing strategy where the price is set with a specific profit goal in mind, taking into account the cost of production and market demand.
Experience-curve Pricing
This pricing strategy involves reducing prices based on increased efficiency and lower costs that come with gained experience over time.
Experience-curve Pricing
A pricing strategy that utilizes the cost savings gained from learned efficiency as production volume increases over time.
Cost-plus Pricing
A strategy for setting prices that involves adding a defined markup to the cost of each unit of a product.
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