Hazardous Weather Outlook; Local Climatology; Mid-South Observations; More Current Weather
Business Jargons A Business Encyclopedia. Going-Rate Pricing. Definition: The Going-Rate Pricing is a method adopted by the firms wherein the product is priced as per the rates prevailing in the market especially on par with the competitors.
What is 'Value-Based Pricing'. Value-based pricing is the setting of a product or service's price based on the benefits it provides to consumers. By contrast, cost-plus pricing is based on the amount of money it takes to produce the product.