All of the following are profit-oriented approaches to select an approximate price level EXCEPT:
A)target ROI pricing.
B)target profit pricing.
C)target return-on-sales pricing.
D)target return-on-investment pricing.
E)cost-plus percentage-of-cost pricing.

Question

Quizplus · Accepted Answer

Cost-plus percentage-of-cost pricing is a cost-oriented approach to selecting an approximate price level, as the price is based on the cost of producing the product or service plus a percentage markup. The other options listed are all profit-oriented approaches, as they aim to achieve a specific level of profit for the company.

All of the Following Are Profit-Oriented Approaches to Select an Approximate