9 STEPS TO PRICING
Budgeting Types
Cost Recovery
Costs and Pricing
Random
100
Step 1: Understanding Trends
What is the step that insinuates a decrease in tax support, contracting services, expanding the definition of "cost, risk management, increased competition, projecting economic impact, and is mission driven and benefits oriented?
100
Line-Item Budget
What is the most common form of budgeting in government bodies?
100
Nonprofit and Public
What organizations charge particular prices leading to income distribution, promotion of efficient use of resources, and promotion of equity?
100
New England Patriots
Who won the 2015 Superbowl?
200
Step 4: Determine the Cost Recovery
What is step insinuates no cost recovery, variable cost recovery, partial cost recovery, and full cost recovery?
200
Planning, Programming, Budgeting System (PPBS)
What is the performance-based budget that focuses on the establishment of goals and objectives, long-range planning, and evaluation?
200
No Cost Recovery
What is free to participants but requires grants and sponsors?
200
Competition-Based Pricing
What pricing is based on the prices charged by competitors for similar programs or services?
200
Platypus
What is the only mammal to lay eggs?
300
Step 9: Understand Price Revision Decisions
What is the step that insinuates tolerance zone, customer adjustment period, changing the perceived value of the service, and anchor pricing?
300
Zero-Based Budget
Each department is asked to build its budget from zero each year and must justify every dollar expenditure to guide current appropriations is considered this type of budget?
300
Full Cost Recovery
What is covered by variable and fixed costs?
300
Cost-Based Pricing
What is pricing that allows programmers to isolate specific activities and to match their costs with the revenues they generate?
300
John Muir
Who is the father of the National Parks System?
400
Step 6: Examine Alternative Funding
What is the step regarding gifts, donations, grant writing, in-kind contributions, partnerships, volunteers, etc.?
400
Lump Sum Budgeting
What is the type of budget that was primarily used before 1900 and was practiced in most cities and states with no analysis to it?
400
Variable Cost Recovery
What is covered by maintenance and operations costs?
400
Demand Based Pricing
What pricing is based on setting a price with respect to the buyers' expectations and needs?
400
4
How many presidents have been shot?
500
Step 2: Understand Budgets
What is the step that regards lump sum budgeting, line-item budget, program budget, performance budget, and zero-based budget?
500
Rolling Budget
What budget recreates within a budget year and projects out at least the following 12 months?
500
Partial Cost Recovery
What is covered by variable and some part of fixed costs?
500
Tolerance Zone
This refers to the degree to which small price increases will not encounter client resistance and highly impact participant involvement?
500
White Sturgeon
What is largest freshwater fish in North America?
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