11b- Pricing Strategy Flashcards

1
Q

% Margin

A

( Price - Unit Variable Cost ) / Price

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2
Q

Break-Even Anaylsis - BEV

A

Fixed Cost / ( Price - Unit VC)

FC / Unit Contribution

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3
Q

4 points price perceived value

A

Reference Price, Competitors, Substitutes, Marketing Efforts

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4
Q

Contribution Analysis

A

k

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5
Q

Elastic

A

k

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6
Q

Inelastic

A

k

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7
Q

Profit Equation

A

kh

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8
Q

Price Skimming

A

kjb

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9
Q

Price Penetration

A

jb

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10
Q

4 Pricing Approaches Matrix

A

k

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11
Q

Steps in Setting Price

A

k

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12
Q

Pricing Strategies

A

k

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