A Drawback of Demand-Based Pricing Is That It Is Less

question 78

True/False

A drawback of demand-based pricing is that it is less market focused than cost-based pricing.

---

Definitions:

Individual Customers

Consumers who purchase goods and services for their personal use rather than for resale or organizational needs.

Breach Of Security

An incident that results in unauthorized access or damage to information systems, potentially compromising confidential, sensitive, or protected information.

CRM Systems

Customer Relationship Management Systems are digital platforms that help businesses manage and analyze customer interactions and data throughout the customer lifecycle.

Customer Data

Information collected about customers, including demographics, purchasing history, preferences, and behaviors, used to tailor marketing strategies.