Carmex Uses All of the Following Approaches to Setting the Price

question 330

Multiple Choice

Carmex uses all of the following approaches to setting the price of its products EXCEPT:

• A)profit-oriented.
• B)competition-oriented.
• C)cost-oriented.
• D)elasticity-oriented.
• E)demand-oriented.

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Definitions:

Locking Mechanism

A device or system used to prevent movement or unauthorized access by securing components in a fixed or immobile position.

Fontaine No-Slack

A brand-specific technology applied to fifth wheel couplings, designed to minimize slack and improve connection reliability between tractor and trailer.

SAE Grade 8

A classification of bolts according to the Society of Automotive Engineers, indicating high tensile strength and used for critical, heavy-duty applications.