Adding a Fixed Percentage to the Cost of All Items

question 7

Multiple Choice

Adding a fixed percentage to the cost of all items in a specific product class is referred to as

• A) target profit pricing.
• B) standard markup pricing.
• C) target return-on-investment pricing.
• D) customary pricing.
• E) everyday low pricing.

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Definitions:

Sales Presentations

A detailed pitch or demonstration aimed at persuading potential clients or customers to purchase a product or service.

Creative Imagery

The utilization of vivid and imaginative mental images to enhance creativity, problem-solving, and visualization skills.

Pre-Call Stress

Anxiety or nervousness experienced before making a sales call or presentation, often due to anticipation of the outcome.

Multiple-Question Approach

A sales technique involving asking several strategic questions to engage potential customers and understand their needs.