Question: When you evaluate the three major pricing strategies (namely value-based pricing, cost-based pricing, and competition-based pricing) you will see that each has strengths and weaknesses.

When you evaluate the three major pricing strategies (namely value-based pricing, cost-based pricing, and competition-based pricing) you will see that each has strengths and weaknesses. However, according to your assessment, ideally, which one do you think is the strongest? Discuss and explain why.

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