Which of the following is a cost-based approach to pricing?
A) Value-based pricing
B) Going-rate pricing
C) Target return pricing
D) Good value pricing
E) EDLP

Name: Which of the following is a cost-based approach to pricing? A) Value-based pricing B) Going-rate pricing C) Target return pricing D) Good value pricing E) EDLP
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Question

Which of the following is a cost-based approach to pricing?
A)	Value-based pricing
B)	Going-rate pricing
C)	Target return pricing
D)	Good value pricing
E)	EDLP

Quizplus · Accepted Answer

Target return pricing is a cost-based approach where the price is set based on the cost of production plus a margin to achieve a target return on investment.

Which of the Following Is a Cost-Based Approach to Pricing