Examlex
A soil surveyor with knowledge of landscape/soil relationships can map the soils in a 100 ha watershed making far fewer auger holes than would be need for the same task by another soil surveyor who is not familiar with these relationships.
Target Pricing
A pricing method in which the selling price of a product is calculated to produce a particular return on investment for a specific volume of production.
Bundle Pricing
A marketing strategy where multiple products or services are packaged together and sold at a single price, often for a discount.
Penetration
A measure of the extent to which a product, service, or brand has been adopted by customers within a particular market.
Standard Markup
A conventional percentage added to the cost price of goods to determine their selling price.
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