Successful Pricing Strategies Are

question 63

Multiple Choice

Successful pricing strategies are:

• A)value based.
• B)proactive.
• C)profit-driven.
• D)all of the answer choices
• E)both value based and profit-driven.

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Definitions:

Net Income

The total profit (or loss) after all expenses, including taxes, have been deducted from revenue; also called net earnings.

Double-Entry Bookkeeping

A system of recording and classifying business transactions that maintains the balance of the accounting equation.