ENTREPRENEURIAL MARKETING
PRICING STRATEGIES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT a major pricing strategy?
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Demand-oriented Pricing
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Competition-oriented Pricing
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Cost-oriented Pricing
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Leftover Pricing
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Explanation:
Detailed explanation-1: -What is cost-based pricing? Cost-based pricing is a pricing method that is based on the cost of production, manufacturing, and distribution of a product. Essentially, the price of a product is determined by adding a percentage of the manufacturing costs to the selling price to make a profit.
Detailed explanation-2: -Cost-Based Pricing. Value-Based Pricing. Competition-Based Pricing. 19-Sept-2017
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