multiple choice question\ndemand - oriented, cost - oriented, profit - oriented, and competition - oriented…

multiple choice question\ndemand - oriented, cost - oriented, profit - oriented, and competition - oriented are four approaches used to set \n\ntarget markets\napproximate price levels\npromotional allowances\nproduction objectives

multiple choice question\ndemand - oriented, cost - oriented, profit - oriented, and competition - oriented are four approaches used to set \n\ntarget markets\napproximate price levels\npromotional allowances\nproduction objectives

Answer

Brief Explanations:

Demand - oriented, cost - oriented, profit - oriented, and competition - oriented are common pricing methods in business to determine the approximate price levels of products or services. They consider factors like customer demand, cost structure, profit goals and competitor prices respectively. Target markets relate to customer segments, promotional allowances are for marketing promotions, and production objectives are about output and efficiency, none of which these approaches directly set.

Answer:

O approximate price levels