Markup Pricing Is Commonly Used as a Form of ________

question 19

Multiple Choice

Markup pricing is commonly used as a form of ________ pricing.

• A) Cost plus
• B) Cost positive
• C) Cost favorable
• D) Cost and more
• E) All of the above

---

Definitions:

Value Chain

A model that outlines a series of activities that businesses perform in order to deliver a valuable product or service for the market.

Consecutive Steps

Refers to a sequence of steps or processes that follow one another in a direct and uninterrupted order.

Production Manager

A role responsible for overseeing the production process of a company, ensuring efficiency, quality control, and meeting production targets.

Value Creation

The process through which businesses or organizations produce goods or services that are worth more than the cost of resources used, ultimately benefiting customers, stakeholders, or society.