According to the Textbook, Most Experts Recommend ________ Pricing Because

question 52

Multiple Choice

According to the textbook, most experts recommend ________ pricing because it hinges on the perceived value of a product or service.

• A) value-based
• B) cost-based
• C) competitive-based
• D) tactical
• E) strategic

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Definitions:

Finance Company

A business that makes loans to individuals and/or corporations, besides banks and other traditional financial institutions.

Friendly Bank

Informal term for a bank with which an individual or business has a good relationship and favorable terms.

Liability

A legal responsibility or obligation, often involving compensation for harm or damage caused.