Chapter 26
Help!
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| markup pricing | resellers add a dollar value amount to their cost to arrive at a price
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| cost-plus pricing | all costs and expenses are calculated, and then the desired profit is added to arrive at a price
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| one-price policy | all customers are charged the same prices
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| flexible-price policy | customers pay different prices for the same type or amount of merchandise
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| skimming pricing | pricing policy that sets a very high price for a new product
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| penetration pricing | the price for a new product is set very low
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| product mix pricing strategies | adjusting prices to maximize the profitability for a group of products rater than on just one item
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| price lining | special pricing technique that sets a limited number of prices for specific groups or lines of merchandise.
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| bundle pricing | a company offers several complementary products in a package that is sold at a single price that is lower than the cost of buying each item separately.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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