Pricing Executive Interview Questions and Answers

The MRP price can be calculated by adding the discount and profit to the product cost.

• To calculate the MRP price, first calculate the discount amount by multiplying the product cost by the discount percentage.

• Subtract the discount amount from the product cost to get the discounted price.

• Next, calculate the profit amount by multiplying the discounted price by the profit percentage.

• Add the profit amount to the discounted price to get the MRP price.

Types of containers include dry containers, refrigerated containers, open-top containers, flat rack containers, and tank containers.

• Dry containers are the most common type used for general cargo

• Refrigerated containers are used for perishable goods

• Open-top containers have a removable top for easy loading of oversized cargo

• Flat rack containers have collapsible sides for easy loading of heavy or oversized cargo

• Tank containers are used for transporting liquids or gases

Cargo mode transportation refers to the various methods of transporting goods from one place to another.

• Includes modes such as air, sea, road, and rail transportation

• Each mode has its own advantages and limitations

• Air transportation is fast but expensive, sea transportation is cost-effective but slow

• Road transportation is flexible for short distances, rail transportation is efficient for long distances

Pricing description involves determining the optimal price for products or services based on market research and analysis.

• Analyze market trends and competitor pricing strategies

• Consider factors such as production costs, target market, and value proposition

• Implement pricing strategies to maximize profits and market share