Define cost-plus pricing. Why is it used so frequently? What are the drawbacks associated with using it?

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Entrepreneurship & Small Business Management

ISBN: 978-0133767186

2nd edition

Authors: Steve Mariotti, Caroline Glackin

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Question Posted: May 23, 2015 06:47 AM

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Define cost-plus pricing. Why is it used so frequently? What are the drawbacks associated with using it?

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Costplus pricing takes the cost and adds a desired profit margin It ...View the full answer

Entrepreneurship & Small Business Management

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