In the service industry,one drawback to using revenue-oriented pricing is that determining costs is difficult for many services.

Name: In the service industry,one drawback to using revenue-oriented pricing is that determining costs is difficult for many services.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In the service industry, it can be challenging to determine costs due to the intangible nature of services, variability in service delivery, and the difficulty in allocating overhead costs, making revenue-oriented pricing complex.

In the Service Industry,one Drawback to Using Revenue-Oriented Pricing Is