questioni what is cost-plus pricing method why is, Marketing Management

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questioni what is cost-plus pricing method why is

Question:

(i) What is cost-plus pricing method? Why is its application particularly problematic in service industries?

(ii) Discuss the factors which might influence the pricing of a service like that of domestic cleaning services.

(iii) Propose the most appropriate pricing strategy for a new service provider in the field of domestic cleaning services?

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