Which of the following is a cost-oriented approach to pricing?
A) standard markup pricing
B) skimming pricing
C) prestige pricing
D) loss-leader pricing
E) bundle pricing

Name: Which of the following is a cost-oriented approach to pricing? A) standard markup pricing B) skimming pricing C) prestige pricing D) loss-leader pricing E) bundle pricing
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Standard markup pricing is a cost-oriented approach where a fixed percentage is added to the cost of the product to determine its selling price.

Which of the Following Is a Cost-Oriented Approach to Pricing