Given your situation, you decide to set your price based on the traditional price in the channel of distribution or in your market According to the lecture, what type of pricing approach is this?

Given your situation, you decide to set your price based on the traditional price in the channel of distribution or in your market According to the lecture, what type of pricing approach is this?



a. Demand-oriented pricing

b. Cost-oriented pricing

c. Profit-oriented pricing

D. COMPETITION ORIENTED PRICING

e. Investor-oriented pricing


Answer: D


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