Under the__________ , the client agrees to pay the agency a fee based on the cost of its work plus some agreed-on profit margin.

Question

Quizplus · Accepted Answer

The cost-plus arrangement is a method of compensation where the client agrees to pay the agency a fee based on the cost of its work plus some agreed-on profit margin. This means that the agency will be reimbursed for all of its expenses, plus a profit margin that is agreed upon in advance. This method is typically used when the client wants to have greater control over the costs of the project and wants to ensure that the agency does not overcharge for its services.

Under The__________ , the Client Agrees to Pay the Agency