Cost plus pricing - Study guides, Class notes & Summaries

ACC 241 DALLMUS Exam Questions and Answers 100% Accurate ACC 241 DALLMUS Exam Questions and Answers 100% Accurate ACC 241 DALLMUS Exam Questions and Answers 100% Accurate Constraint - ANSWER - A constraint is anything that prevents an organization or individual from getting more of what it wants. Or a limitation under which a company must operate, such as limited machine time available or limited raw materials available that restricts the company's ability to satisfy demand. Cost-Plus Pr...

Price or Cost Data : Cost or pricing data are factual, not judgmental, and are verifiable. While they do not indicate the accuracy of the prospective contractor"s judgment about estimated future costs or projections, they do include the data forming the basis for that judgment. Cost or pricing data are more than historical accounting data; they are all the facts that can be reasonably expected to contribute to the soundness of estimates of future costs and to the validity of determin...

What are the two forces that drive commodification? - correct answersProduct differentiation and consumer knowledge If a product is subjectively different, but not objectively different, what is that referring to? - correct answersThe "Dark Side" of Marketing - creating differences where there are none and misinforming consumers What is the most common way of setting a price? - correct answersCost Plus - a percentage on top of the cost of a product What metric exerts the largest effec...

UPenn Marketing 101 Final Exam Questions and Answers 100% Pass Dynamic Pricing - Correct Answer ️️ -Adjusting prices continually to meet the characteristics and needs of individuals and situations; setting prices for a good/service based on the demand for it at the moment based on the availability of supply Uber's Surge Pricing - Correct Answer ️️ -Higher demand causes a price multiplier to kick in, increasing rates up to 8x the original price. Model: Increase supply, decrease de...

What is a price? : The amount of money charged for a product or service. What is value-based pricing? : Price is considered along with other marketing mix variables before the marketing program is set What are the steps in (customer) value-based pricing? : 1. Assess customer needs and value perceptions 2. Set target price to match customer perceived value 3. Determine the costs that can be incurred 4. Design product to deliver value at target price What is cost-based pricing? : Setti...

Cost or Pricing Data All facts that, as of the date of price agreement or an earlier date agreed upon between the parties, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. Cost or pricing data are factual, not judgmental, and are verifiable. While they do not indicate the accuracy of the prospective contractor's judgment about estimated future costs or projections, they do include the data forming the basis for that judgment. Cost or pricing da...

The term "emerging economies" has replaced the term _____. - Correct answerDeveloping countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - Correct answer-gross national product More than 25% of global GDP comes from _____. - Correct answer-BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - Correct answerNorth America, Western Europe, and Japan People who earn _____ a year comprise the base of the global ...

WGU D076 Finance Skills for Managers Exam (Latest 2024/ 2025 Update) | Questions and Verified Answers| 100% Correct| Grade A Q: A person who loans a corporation money by buying debt securities. Answer: Bond- holders Q: An area of finance that deals with sources of funding, the capital structure of corporations, the actions that managers take to increase the value of the firm to its owners, and the tools and analysis used to allocate financial resources. Answer: Business Fina...

CLC 058 Exam Questions and Answers 100% Pass Cost or Pricing Data All facts that, as of the date of price agreement or an earlier date agreed upon between the parties, prudent buyers and sellers would reasonably expect to affect price negotiations significantly. Cost or pricing data are factual, not judgmental, and are verifiable. While they do not indicate the accuracy of the prospective contractor's judgment about estimated future costs or projections, they do include the data forming ...

amount of money charged for a product or service correct answers price What differentiates price from other aspects of marketing? correct answers it is the only thing that generates revenue and can be adjusted quickly Should companies sell price or value? correct answers value What are potential consequences of price reduction? (2) correct answers 1. cut profits and initiate price wars 2. cheapen perceptions of brand quality no profits below this price correct answers price floor ...