The Pricing Orientation That Explicitly Invokes the Concept of Value

question 63

Multiple Choice

The pricing orientation that explicitly invokes the concept of value for the client and in which prices are set to match consumer expectations is called:

• A)sales orientation.
• B)customer orientation.
• C)profit orientation.
• D)marketing orientation.
• E)competitor orientation.

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Definitions:

Trespass

Unauthorized entry onto someone else's property, which can result in civil or criminal legal action.

Accidentally

Occurring by chance or without intentional cause.

Wrongful Conduct

Actions or behaviors that are illegal or morally incorrect according to the law and ethical standards.

Tort

An act of civil misconduct that inflicts loss or damage on a victim, leading to the legal responsibility of the perpetrator who carried out the act.