Pablo Escobar (R) in Congress In 1982 Escobar was for a brief period elected to the house of representatives of Colombiaâs Congress.
Grid Pricing versus. Formula Pricing. aGrid pricing involves using a premium-discount grid. with some method of establishing the base price. aFormula pricing typically refers to the method of. finding the base price in a premium-discount grid. aFormula pricing uses another price as a reference. price.
Cost-based pricing focuses on the company's situation when determining price. In contrast, value-based pricing focuses on the customers when determining price. A value-based pricing company develops a means by which to calculate the potential value their product or service may bring customers and prices accordingly.