The 4 P's "Price"

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Across
  1. 4. adding a percentage or predetermined amount of profit to the cost per unit of output to determine the selling price.
  2. 6. a person or organization that buys goods or services from a store or business
  3. 7. The percentage or specified amount
  4. 8. a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
  5. 9. temporarily reducing price in an attempt to force rivals out of the industry
  6. 11. pricing involves selling a product below its cost value.
  7. 12. A high price is initially set to recoup the costs of research and development.
Down
  1. 1. when the same product, usually a service, is sold at different prices to different customers.
  2. 2. merchandise
  3. 3. involves rounding down numbers to make prices seem lower
  4. 5. pricing Sets a relatively low price to help establish a new product in the industry, to gain brand recognition and market share.
  5. 10. The amount paid by a customer to purchase a good or service.