"Cost plus pricing" allows for flexibility in pricing and takes the customers' perception of product value into consideration.

Name: "Cost plus pricing" allows for flexibility in pricing and takes the customers' perception of product value into consideration.
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

"Cost plus pricing" primarily focuses on covering costs and adding a markup for profit, rather than considering the customers' perception of product value.

"Cost Plus Pricing" Allows for Flexibility in Pricing and Takes