multiple choice question\n______ is a pricing strategy that aims to design a product so that it satisfies…

multiple choice question\n______ is a pricing strategy that aims to design a product so that it satisfies customers and meets the profit margins for a company.\n\no target costing\no price leadership\no competition - based pricing\no cost - based pricing

multiple choice question\n______ is a pricing strategy that aims to design a product so that it satisfies customers and meets the profit margins for a company.\n\no target costing\no price leadership\no competition - based pricing\no cost - based pricing

Answer

Brief Explanations:

Target costing starts with a target - selling price based on customer demand and then subtracts the desired profit margin to determine the maximum cost for product design and production. Price leadership involves a firm setting a price that others follow. Competition - based pricing is set relative to competitors' prices. Cost - based pricing adds a markup to the cost of production.

Answer:

A. Target costing