The Pricing Strategy That Charges Customers for Services Actually Used

question 14

Multiple Choice

The pricing strategy that charges customers for services actually used as opposed to overall "membership" fees is:

• A)relationship pricing.
• B)price bundling.
• C)benefit-driven pricing.
• D)flat-rate pricing.
• E)efficiency pricing.

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Definitions:

Agency Relationship

A legal relationship in which one party, the agent, acts on behalf of another party, the principal, in transactions with third parties.

Disclose

To reveal or make known information that was previously private or secret.

Delivery Driver

An individual responsible for transporting goods from one place to another, ensuring packages reach their destinations timely.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, having control over how the work is completed.