Answer:
The correct answer is: profit-oriented pricing.
Explanation:
Profit-oriented pricing is set by companies after determining the production of total costs per unit of the goods offered. After that, the profit is established typically as a percentage of the costs incurred. The problem with this method of costing is that the sum of the costs and the profit margin can result in a price that is higher than the average for the product.
Even worse, competitors may take advantage of that scenario to lower their prices to drag more consumers away from the profit-oriented pricing entity.
1. shopping products 2. speciality products 3. unsought products 4.<span>Convenience products. Among the four types of consumer products, the convenience product is bought most frequently. </span>
I have to say AIDS. Hope this could help. :)
Answer:
You need to get more points so you can ask questions.
Explanation:
You can do this by answering other people's questions
