Suppose price is not set on the product until the item is either finished or delivered.Which of the following is being used?
A) price shading
B) delayed-quotation pricing
C) escalator pricing
D) bid pricing

Question

Quizplus · Accepted Answer

Delayed-quotation pricing is when a price is not set until after the product is finished or delivered. This can be beneficial in situations where the cost of production or delivery is uncertain, or when custom products require more time to complete. This strategy allows for more flexibility in pricing while also ensuring profitability.

Suppose Price Is Not Set on the Product Until the Item