Pricing Flashcards
1
Q
Cost-plus pricing
A
A method of determining the sales price by calculating the full (absorption) cost of the product and adding a percentage mark-up for profit
2
Q
Transfer price
A
The amount charged by one part of an organisation for the provision of goods or services to another part of the same organisation
3
Q
Goal congruence
A
When individuals’ goals and company goals coincide
4
Q
A
