Define cost-plus pricing and give an example.

What will be an ideal response?


Determine the cost of the product and add a percentage to obtain a profit. For example, a hamburger costs $2.00 to make. The owner of the restaurant making the burger wants to make a 30 percent profit on each hamburger sold. To do this, he or she sets the price of the burger at $2.60.

Business

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The VALS2™ group is termed the ________, who are successful consumers with many resources. This group is concerned with social issues and is open to change

A) fulfillers B) achievers C) actualizes D) believers

Business

The functions of nonverbal communication are to ______.

a. accent, conflict with, regulate, and omit information b. repeat, conflict with, complement, and omit information c. repeat, accent, conflict with, complement, regulate and substitute messages d. accent, regulate, neutralize, complement, and substitute messages

Business

There is evidence that expatriates who show a lack of passion for diversity and engagement in cross-cultural contexts tend to experience ______.

a. fear b. joy and excitement c. failure d. success

Business

What are the limitations of ratio analysis?

Business