Which of the Following Is a Competition-Oriented Approach to Pricing

question 57

Multiple Choice

Which of the following is a competition-oriented approach to pricing?

• A)skimming pricing
• B)target pricing
• C)customary pricing
• D)target return-on-sales pricing
• E)standard markup pricing

---

Definitions:

Traumatic Event

An incident that causes psychological, physical, or emotional harm or stress.

Vulnerability

The susceptibility to be harmed physically, emotionally, or psychologically.

Social Skills

The abilities necessary for effective social interactions, including communication, empathy, and conflict resolution.

Depression

An emotional disorder signified by an enduring depression or disengagement in interests, profoundly impacting daily lifestyle.