Question: Qu 1 There are several different demand-oriented approaches to pricing. Provide a description/definition in your own words of each approach. Once you have described each

Qu 1 There are several different demand-oriented approaches to pricing. Provide a description/definition in your own words of each approach. Once you have described each approach, demonstrate your understanding by considering retailers that use these different approaches. Reflect on how effective each different approach is with you and why. What makes it work for you? If there anything that does not work on you? If not, why not? What would/could you do to make these approached more effective? (10 marks) Finis ut of Time

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