Markup Pricing
What do we mean by Markup pricing?Markup pricing is a strategy of setting the price of the products or offerings of a business enterprise… Read Article
Pricing Methods
Price Leadership – Meaning, Types, Examples, and More
Price Leadership is a scenario where one firm sets the prices, and other companies in that industry follow the same price. The firm that… Read Article
Tacit Collusion
Collusion in the business world occurs when two or more competitors come together for mutual benefit. There can be various types of collusion or… Read Article
Target Profit Pricing: Meaning, Methods, Examples, Assumptions and More
Target Profit Pricing: MeaningTarget Profit Pricing is a cost-based pricing strategy that tells the management the total units to be sold to achieve the… Read Article
Transfer Price – Meaning, Importance, Example and More
What is Transfer Price?Transfer Price is the price that related parties charge to each other. In simple words, we can say it is the… Read Article
Collusive Pricing – Meaning, Types, Drawbacks and More
Collusive pricing or price collusion is a scenario when several companies agree to set the price of the good or service unanimously. Their objective… Read Article
Cost Leadership – The Why & How of It
What is Cost Leadership?Cost leadership is a competitive strategy that businesses leverage by reducing their costs to the maximum extent possible to enhance profits.… Read Article