Which of the Following Is True of Pricing Based on Competitor-Oriented

question 8

Multiple Choice

Which of the following is true of pricing based on competitor-oriented strategies?

• A)Value is only implicitly considered in this type of strategies.
• B)Prices are decided based on the value perceived by customers.
• C)Prices for new products are always low to reduce competition.
• D)Products are priced to ensure a standard return on investment.
• E)A profit margin is set, which determines the price of products.

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Definitions:

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