Pricing

Free IMA CMA Part 2 (Strategic Financial Management) lesson in Business Decision Analysis. 19 min read, ~2,776 words.

Three pricing approaches: market-based (competitor benchmark), cost-based (cost plus markup or target ROI), value-based (customer perceived value drives price). Target cost = target price − target operating income per unit. Value engineering closes any gap between current cost and target cost. Short-term equilibrium price sets marginal revenue = marginal cost...

Read the full lesson, free →
Worked examples, audio narration, and practice. No signup to read.

What this lesson covers

Learning objectives

Browse all free CMA Part 2 lessons or jump into free CMA Part 2 practice questions.