BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which is not the pricing strategy listed below?
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Cost Oriented
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Market Oriented
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Margin Pricing
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Number Pricing
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Explanation:
Detailed explanation-1: -What are the 4 major pricing strategies? Value-based, competition-based, cost-plus, and dynamic pricing are all models that are used frequently, depending on the industry and business model in question.
Detailed explanation-2: -The strategy a company decides to use depends on several factors. Different types of pricing strategies deal with manipulation of profit over costs, while nonpricing strategies have to do with promotion and advertising unrelated to pricing changes.
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