Two examples of pricing strategies are called cost-plus pricing and target pricing. Cost-plus pricing is...

60.1K

Verified Solution

Question

Accounting

Two examples of pricing strategies are called cost-plus pricing and target pricing. Cost-plus pricing is most appropriate for new start-up firms that have a unique product or service offering. Target pricing is most appropriate for mature firms operating in competitive markets.

True

False

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students