menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Marketing
  4. Exam
    Exam 7: Pricing and Value Creation
  5. Question
    A Cost-Oriented Approach Is Where Prices Are Based on Price
Solved

A Cost-Oriented Approach Is Where Prices Are Based on Price

Question 14

Question 14

True/False

A cost-oriented approach is where prices are based on price sensitivity and levels of demand.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: Value is defined as 'the regard that

Q6: These are costs which vary according to

Q7: This is the price band against which

Q8: _ is an assumption that quality increases

Q9: Fixed costs are costs that vary according

Q10: The general idea that price indicates quality

Q11: This approach is fairly standard for high-technology

Q12: The market penetration pricing approach is used

Q13: These act as cues, usually indicating to

Q15: The pricing approach where prices are set

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines