Answer Happy

Question A10 When an organisation prices its product on the basis of how costs are likely to rise as output rises it is adopting which of the following pricing strategies? a) Cost-oriented pricing strategy b) Full cost pricing strategy c) Direct cost pricing strategy d) Going rate pricing strategy Question A11 The fact that a hotel room that is not occupied today represents revenue that is lost forever' is an example of a service's a) Variability b) Inseparability c) Perishability d) Intangibility [1] [1]