Cost-Plus Pricing Has Several Disadvantages,including

question 108

Multiple Choice

Cost-plus pricing has several disadvantages,including:

• A)it clouds the relationships among price,volume,and costs.
• B)it fails to consider the competition sufficiently.
• C)a mentality of "I-can-do-it-cheaper," leading to price competition with larger companies.
• D)it tends to be reactive rather than proactive in relation to competition and market forces.

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Definitions:

War Of 1812

A military conflict between the United States and Great Britain from 1812 to 1815, largely over issues of trade restrictions and impressment of American sailors.

Civil War

An internal conflict within a country, fought between factions or regions that seek to control the entire country or achieve independence.

Creeks

A Native American people from the southeastern United States, also known as the Muscogee.

Educational Opportunities

The availability of choices for learning and education available to individuals in a society, including schools, colleges, and vocational training.