Tag : Cost Plus Contract Types

"cost plus" World Marketing refers to a pricing strategy (cost plus pricing) and accounting method (cost plus accounting) in which a markup or profit is added to the original cost associated with a product or service. Includes adding a margin of It is used to ensure that costs are covered and profits are made, providing transparency and predictability in pricing of world market and accounting processes. So we know that Cost Plus (costplus) is a strategy of pricing.