The pricing approach where prices are set based on what competitors are charging is called the ____________
A. cost-oriented approach.
B. demand-oriented approach.
C. competitor-oriented approach
D. value-oriented approach.
Answer:C
The pricing approach where prices are set based on what competitors are charging is called the ____________
A. cost-oriented approach. B. demand-oriented approach. C. competitor-oriented approach D. value-oriented approach.