Question: Figure 1 1 - 2 represents the four approaches to selecting an appropriate price level. Box A represents which approach? Chart shows 4 approaches for

Figure 11-2 represents the four approaches to selecting an appropriate price level. Box A represents which approach?
Chart shows 4 approaches for selecting an approximate price level marked A through D.The approaches are marked as:A. Profit-oriented approaches: target profit, target return on sales, and target return on investment.B. Competition-oriented approaches: customary; above, at, or below market; and loss leader.C. Cost-oriented approaches: standard markup, cost-plus, and experience curve.D. Demand oriented approaches: skimming, penetration, prestige, price lining, odd-even, target, bundle, and yield management.
Figure 11-2
Multiple Choice
demand-oriented approach
competition-oriented approach
cost-oriented approach
profit-oriented approach
results-oriented approach

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