Which of the Following Is an Example of a Pricing

question 1

Multiple Choice

Which of the following is an example of a pricing strategy based on customers' needs?

• A)Chain-markup pricing
• B)Price-floor pricing
• C)Price leadership
• D)Demand-backward pricing
• E)Value pricing

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Definitions:

Generating Knowledge

The process of creating new understanding, insights, or information through research, experimentation, or innovation.

HRM Effectiveness

The degree to which the human resource management strategies, policies, and practices of an organization contribute to achieving the organization's goals.

HR Analytics

Type of assessment of HRM effectiveness that involves determining the impact of, or the financial cost and benefits of, a program or practice.

High-Performance Work System

An organization in which technology, organizational structure, people, and processes work together seamlessly to give an organization an advantage in the competitive environment.