Question: Read this article on CFO University's website: Three Pricing Issues for CFOs to Watch Out For by Mark Stiving. In the assigned article, Mark Stiving
Read this article on CFO University's website: "Three Pricing Issues for CFOs to Watch Out For" by Mark Stiving.
In the assigned article, Mark Stiving presents three pricing concepts: cost plus pricing, volume-based discounting, and pricing is not driven by supply and demand. Each of the pricing concepts is described including application of the concept. This article ties into our studies this week of cost-volume-profit analysis as pricing is a crucial piece which is often misunderstood.
For your posting this week, respond in full sentences to the following requirements:
- Summarize how each of the three pricing concepts tie into our studies from this week.
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