Multiple Choice
General Motors,in order to achieve a 15 to 20 percent profit on its investment,prices its automobiles accordingly.This approach is called ________.
A) value-based pricing
B) value-added pricing
C) cost-plus pricing
D) low-price image
E) target return pricing
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: Explain the factors involved in setting international
Q45: Trade or functional discounts are offered by
Q48: Product costs set a(n)_ to a product's
Q52: The relationship between the price charged and
Q53: When World Movers,a house mover,sells boxes and
Q54: Price is the only element in the
Q55: EDLP is a type of high-low pricing.
Q70: Cost- based pricing relies on consumer perception
Q75: Explain competition-based pricing.
Q89: The Internet offers _, where the price