Pricing strategies which have a strong internal orientation are usually which of the following?
A)Market based
B)Competitor based
C)Cost based
D)Customer based

Question

Quizplus · Accepted Answer

Pricing strategies that have a strong internal orientation are usually cost-based. This means that the price is primarily determined by the cost of producing the product, rather than the market or what competitors are charging. This can be a good option for companies that have tight profit margins or have a high volume of sales. While customer-based and market-based pricing strategies are also important considerations, they are more externally focused and may not be as effective for companies that need to prioritize their internal costs.

Pricing Strategies Which Have a Strong Internal Orientation Are Usually