Collaborative approaches to cost management allow the buyer and seller to use th

Question

Collaborative approaches to cost management allow the buyer and seller to use their resources to achieve cost goals. Two methods were discussed: Target pricing and cost-sharing. Research both topics and provide examples of products/companies who have successfully used these methods. Include factors that made each method appropriate for the example you provide. Collaborative approaches to cost management allow the buyer and seller to use their resources to achieve cost goals. Two methods were discussed: Target pricing and cost-sharing. Research both topics and provide examples of products/companies who have successfully used these methods. Include factors that made each method appropriate for the example you provide.

Explanation / Answer

TARGET PRICING IS USED BY  

COST SHARING IS MOSTLY DONE BY MEDICAL OR INSURANCE COMPANIES TO THE CUSTOMERS

(ANY EXAMPLE IS FINE )

FACTORS THAT MADE EACH METHOD APPROPIRATE(TARGET PRICING)

COST SHARING

NOTE PLEASE DO RATE THE ANSWER

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