multiple select question select all that apply select all of the following that are common approaches to…
multiple select question select all that apply select all of the following that are common approaches to setting an approximate price level for a product. service - oriented cost - oriented competition - oriented demand - oriented
Answer
Brief Explanations:
Cost - oriented pricing bases price on production costs. Competition - oriented pricing looks at competitors' prices. Demand - oriented pricing is based on consumer demand. Service - oriented is not a common approach for setting product price levels.
Answer:
B. cost - oriented C. competition - oriented D. demand - oriented