Skimming Pricing Is Considered to Be a ________ Approach to Pricing

question 262

Multiple Choice

Skimming pricing is considered to be a ________ approach to pricing.

• A) demand-oriented
• B) cost-oriented
• C) profit-oriented
• D) competition-oriented
• E) service-oriented

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Definitions:

Research and Development

The systematic activity combining both basic and applied research, aimed at discovering solutions to problems or creating new goods, processes, or services.

Fundamental Conditions

Essential circumstances or factors that underlie and determine the nature of an environment, system, or situation.

Creative Potential

The capacity to generate original ideas, approaches, or solutions that are both novel and useful in a particular context.

Creative Process

A series of steps taken to develop and produce innovative ideas or solutions.