Match the following.
List-I (Pricing Methods) | List-II (Explanations) |
a. Mark-up pricing | 1. Set high price and recover the cost as early as possible |
b. Target return pricing | 2. Cost of the product + Mark-up (desired profit) |
c. Going rate pricing | 3. Specified rate of return on investment |
d. Market skimming | 4. Prevailing pricing matters |
A. a-2, b-3, c-4, d-1
B. a-1, b-2, c-3, d-4
C. a-2, b-4, c-3, d-1
D. a-4, b-3, c-2, d-1
Answer: Option A
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