One of the Drawbacks to the Use of Cost-Based Pricing

question 33

Multiple Choice

One of the drawbacks to the use of cost-based pricing is ________.

• A)the strategy's complexity
• B)the need for a rigid organisational structure for implementation
• C)how difficult it is to cover all production and marketing costs with this strategy
• D)the strategy's inability to consider competitive factors
• E)All of the above

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Definitions:

Floating Ribs

The last two pairs of ribs in the human rib cage that are not attached to the sternum or to other ribs and thus "float" freely.

Pairs

Two items, objects, or individuals that are regarded together because they are similar or complementary.

Ribs

Bone structures in the chest that protect internal organs such as the heart and lungs.

Adult Human Cranium

The part of the skull that encloses the brain in adults, providing protection and structural support.