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

question 265

Multiple Choice

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

• A)customary pricing
• B)target profit pricing
• C)standard markup pricing
• D)bundle pricing
• E)service-oriented pricing

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Definitions:

Multinational Corporations

Corporations that conduct business across national borders.

Peripheral Nations

Countries that are not dominant in the global economy, often characterized by lower levels of industrialization, weaker institutions, and lower living standards compared to core nations.

Colonialism

System by which Western nations became wealthy by taking raw materials from other societies (the colonized) and reaping profits from products finished in the homeland.

Gini Coefficient

Measure of income distribution within a given population.