Cost-plus pricing has several disadvantages,including:
A) it clouds the relationships among price,volume,and costs.
B) it fails to consider the competition sufficiently.
C) a mentality of "I-can-do-it-cheaper," leading to price competition with larger companies.
D) it tends to be reactive rather than proactive in relation to competition and market forces.
Correct Answer:
Verified
Q34: Dotty has her competitors' price information.Her most
Q35: If an item costs a small business
Q36: A reliable cost accounting system is necessary
Q37: Many small business owners use a _
Q38: If a haberdasher purchases a tie for
Q40: When a small business is faced with
Q41: A firm sells small-ticket items to their
Q42: A variation of geographic pricing in which
Q43: _ tells what portion of the total
Q44: Price _ usually begin(s)when one competitor believes
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents