B Com Exam  >  B Com Questions  >  Which pricing objective aims to charge a pric... Start Learning for Free
Which pricing objective aims to charge a price that covers costs and includes a fair return for the firm's efforts?
  • a)
    Profit maximization
  • b)
    Cost-based pricing
  • c)
    Market penetration
  • d)
    Prestige pricing
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which pricing objective aims to charge a price that covers costs and i...
Cost-based pricing is a pricing objective that aims to charge a price that covers costs, including production costs, distribution costs, and costs related to selling the product, while also including a fair return for the firm's efforts. This approach ensures that the firm can cover its expenses and generate a reasonable profit margin.
Explore Courses for B Com exam
Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer?
Question Description
Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Which pricing objective aims to charge a price that covers costs and includes a fair return for the firms efforts?a)Profit maximizationb)Cost-based pricingc)Market penetrationd)Prestige pricingCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev