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Costing and Pricing Setting Fundamentals | 2 CPD Points | FPI241010544

You will explore the concept of price, learn the common pricing policies and master various pricing strategies

Course Fee:

R225

Publisher:
LearnHUB, Regent Business School
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Duration

2 - 3 Hours or Self-Paced

Course Mode

Fully Online

Course Format

Interactive & Video Based Learning

"Understanding the principles of costing and pricing was essential for my business. This course provided me with the tools to analyze costs effectively and set competitive prices. I now have a better grasp of how to ensure profitability while remaining attractive to customers."
Learning Outcomes:
  • Gain insight into the concept of price and its significance in marketing and business strategy.
  • Learn about common pricing policies such as cost-plus pricing, value-based pricing, and competitive pricing.
  • Develop an understanding of various pricing strategies including penetration pricing, skimming pricing, discount pricing, and psychological pricing.

 

Meet our Expert Instructors

This course was crafted by our dedicated full-time lecturers. With extensive experience in both professional practice and education, our instructors excel at cultivating talent and maximising student potential.

Hasan Evans

Hub Manager, Regent Enterprise Development Hub | Lecturer

Hasan Evans is the Hub Manager at Regent Enterprise Development Hub, where he fosters innovation and entrepreneurial growth by supporting students and startups in their journey toward business success. With a robust academic foundation, Hasan also lectures in Financial Accounting, Managerial Accounting, Cost Accounting, Statistics, and Financial Management.
His expertise bridges theory and practice, empowering learners with the skills and knowledge needed to navigate complex financial landscapes and make data-driven decisions. Hasan is dedicated to cultivating a new generation of business leaders equipped to excel in a competitive and evolving global economy.

Certificate of Completion

At LearnHUB, we believe in recognising your achievements every step of the way.

That’s why you will achieve a certificate for every course that you successfully complete.

Skill Set Development

  • Cost analysis
  • Budgeting
  • Pricing models
  • Profit margins
  • Decision-making
  • Market evaluation
  • Communication

Frequently Asked Questions

In this course, you will learn the fundamental principles of costing and pricing, including cost analysis, pricing strategies, and market positioning. The course emphasizes how to determine appropriate pricing structures that maximize profitability while remaining competitive.

No specific prerequisites are required. This course is designed for individuals interested in understanding the financial aspects of business management, regardless of previous experience. A basic understanding of financial concepts will be beneficial.

Upon successful completion of the course, you will receive a Certificate of Completion in Costing and Pricing Setting Fundamentals. This certification can enhance your resume by demonstrating your expertise in pricing strategies, a vital skill for roles in finance, management, and operations.

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