The Demand-Oriented Method for Setting Retail Prices Is Not Designed

question 2

Multiple Choice

The demand-oriented method for setting retail prices is not designed:

• A) to be consistent with the marketing concept
• B) to be easy to implement
• C) to consider the wants and needs of the target market
• D) to achieve target levels of profits
• E) to be used to determine profit-maximization prices

---

Definitions:

Plastic Toys

Manufactured playthings made from various types of plastic material, popular among children for their durability and vivid designs.

Human Resource Functions

The various activities and responsibilities that HR departments undertake to manage an organization's workforce effectively.

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house, often to reduce costs or access specialized skills.

Competitors

Other businesses or individuals offering similar products or services in the same market, engaging in a rivalry to gain greater revenue, market share, or recognition.