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Under which type of pricing, price is set on the basis of managerial decisions and not on the basis of cost, demand, competition etc?

<p><strong>(a) Administered </strong></p> <p><strong>(b) Product line pricing </strong></p> <p><strong>(c) Captive product </strong></p> <p><strong>(d) Mark‐up pricing</strong></p> <p> </p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/17
Upvote (2) Views (13) Followers (6) Answers (5) Report Question
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Abdul Rehman Zaheer
by Abdul Rehman Zaheer , Marketing & Projects Specialist , King Fahd University of Petroleum & Minerals

(a) Administered ... This is correct I believe

Muhammad Hassaun
by Muhammad Hassaun , Shared Services Lead , M&P Express Logistics (Pvt.) Ltd.

a): administered 

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

a) Administered.Most retail and industrial prices are administered prices, which are later on adjusted according to the other supplier's or competitor's  prices.

Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

I go with mr. Jetley: Captive product pricing

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

(c) Captive product

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