Fill in the Chart Below, Identifying the Meaning, and a Quick

question 14

Essay

Fill in the chart below, identifying the meaning, and a quick description, of the five accounting abbreviations.

---

Definitions:

Competitor-Oriented Pricing

A pricing strategy where a company sets its prices based on competitors' prices rather than solely on its own costs or consumer demand.

Bakery

A place where bread, cakes, cookies, and other baked goods are made or sold.

Price Orientation

An approach to pricing strategy focused on the cost to set prices, where customer demand or competition may play a secondary role.

Donuts

A type of fried dough confection or dessert food, commonly circular with a hole in the middle, often glazed or sugar-coated and sometimes filled.