Question


The key to setting a price for a product is finding an approximate price level to use as a reasonable starting point. Four common approaches to selecting an approximate price level are: (1) demand-oriented; (2) cost-oriented; (3) __________; and (4) competition-oriented approaches.
A. stakeholder-oriented
B. revenue-oriented
C. profit-oriented
D. distribution-oriented
E. cause-oriented

Answer

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