Which of the Following Is True of Pricing Based on Competitor-Oriented

Multiple Choice

Which of the following is true of pricing based on competitor-oriented strategies?

A) Value is only implicitly considered in this type of strategies.
B) Prices are decided based on the value perceived by customers.
C) Prices for new products are always low to reduce competition.
D) Products are priced to ensure a standard return on investment.
E) A profit margin is set, which determines the price of products.