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General Management

Short Answer: ALL responses must be 5-7sentences to receive credit. Anything less will be given NOcredit.
8. Pricing has many important concepts to understand. Explainthe importance of each concept: Mark-up, Discount, Unit pricing,and a Loss leader.______________________________
9. What are some training options for small businesses?
10. Why is part time/ temp work becoming more common?

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Q8 Pricing has many important concepts to understand Explain the importance of each concept Markup Discount Unit pricing and a Loss leader Markup Markup pricing or costplus pricing is a pricing strategy where the price of a product or service is calculated by adding together the cost of the products and a percentage of it as a markup The percentage or markup is decided by the company usually fixed at the required rate See Answer

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