_____ Is Defined as a Cost-Oriented Pricing Approach That Involves

question 20

Multiple Choice

_____ is defined as a cost-oriented pricing approach that involves totaling up the costs of producing a product or completing a project and then adding on a percentage or fixed profit amount.

• A)Cost-plus pricing
• B)Rate-of-return pricing
• C)Prestige pricing
• D)Predatory pricing

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Definitions:

Ethnic Enclave

A geographic area with a high concentration of individuals from the same ethnic or cultural background, often characterized by distinct languages, traditions, and businesses.

Hispanic Groups

Describes people in the United States who come from or have ancestors from Spanish-speaking countries, focusing on their cultural, social, and demographic aspects.

Puerto Ricans

People originating from or associated with Puerto Rico, a territory of the United States located in the Caribbean.

Cubans

The people originating from Cuba, a Caribbean island nation, including its diaspora and those of Cuban descent.