Examlex
Both of Logan's parents work and are usually tired when they get home.They have little tolerance for Logan's questions or requests for help with his homework.He has to find rides home with his friends' parents if he stays after school for any reason,and his parents almost never come to his soccer games.Sometimes Logan wonders why his parents don't seem to like him;it seems like the only time they pay him attention is when the principal calls them because he's in trouble again.Logan's parents have a/an _________________ parenting style.
Pricing Approach
Strategies employed by businesses to set the price of their products or services, taking into account costs, demand, and competition.
Prestige Pricing
A pricing strategy where prices are set higher than average to create an image of exclusivity and high quality, appealing to status-conscious consumers.
Demand-oriented Approach
focuses on understanding and meeting the existing demand of consumers as the primary strategy for product development and marketing.
Prestige Pricing
A pricing strategy where goods are priced high to present a perceived value of exclusivity and luxury.
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