How can break-even be used as a price setting model for the organization? How might it be helpful?© BrainMass Inc. brainmass.com March 4, 2021, 6:00 pm ad1c9bdddf
Pricing your product or service is one of the most important business decisions you make. There are many approaches, some scientific, some not.
Think of cost as the floor -- you must set prices above the floor to cover costs or you will quickly go out of business. If you decide to set prices below cost it should be for a specific purpose, such as to gain market entrance. Think of customer ...
Pricing your product or service is a focal topic.