Question

From a marketing perspective, identify what type of Cost best defines the following expense: Regular evening cleaning service for your accounting office.Fixed Cost

Answer 1

From a marketing perspective, identify what type of Cost best defines the following expense: Regular evening cleaning service for your accounting office Fixed Cost

Fixed costs, commonly referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services it produces.

A pricing strategy is a plan or technique for choosing the most competitive price for a good or service. It assists you in setting prices while taking customer and market demand into account in order to maximize profits and shareholder value.

Depending on the sector and type of business, value-based, competition-based, cost-plus, and dynamic pricing are all regularly employed approaches.

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