Which of the Following Is a Customer-Oriented Approach to Pricing

question 16

Multiple Choice

Which of the following is a customer-oriented approach to pricing?

• A) Customer value-based pricing
• B) Sealed-bid pricing
• C) Break-even pricing
• D) Target profit pricing
• E) C and D

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Definitions:

Legitimate Work

A type of employment recognized as lawful and in compliance with established norms and standards.

Organizational Cultures

The shared values, beliefs, and norms that influence the way employees interact, make decisions, and view their roles within an organization.

Oppressive Effects

Negative impacts or consequences that restrict freedom or well-being, often arising from unequal power dynamics or unjust systems.

Bureaucracy

An administrative system, especially in a government, characterized by hierarchy, fixed rules, and a detailed division of labor.