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:

Stars

High-growth, high-market-share products or business units in the Boston Consulting Group matrix, indicating they have potential to generate significant revenue.

Growth

An increase in some quantity over time, such as economic growth which refers to an increase in the market value of goods and services produced by an economy.

High Performers

Individuals who consistently exceed standard performance expectations in their roles, contributing significantly to organizational goals.

Stars

In business, it refers to products or business units with high market growth and high market share in a competitive industry.