While the Most Commonly Used Pricing Method for Business Is

question 378

Multiple Choice

While the most commonly used pricing method for business is cost-plus pricing, this method is becoming more and more popular among __________ in the service sector.

• A)e-businesses
• B)travel and tourism firms
• C)small private companies
• D)nonprofit organizations
• E)business-to-business marketers

---

Definitions:

Increase Efficiency

The process of improving the effectiveness of an operation, system, or process by maximizing output with the minimal amount of input or effort.

Super Bowl

The annual championship game of the National Football League (NFL) in the United States, known for its significant viewership and elaborate halftime shows.

Ticket Prices

The cost required to purchase a ticket for entry to an event, such as a movie, concert, or sporting event.

Transaction Costs

The costs to individuals of making a deal.