1.

The three major considerations in price setting are: costs set the floor price; ______________; and customers' assessment of unique features establishes the price ceiling.

A. competitors' prices and the price of substitutes provide an orientation point
B. competitors' prices establishes a "target price" goal
C. the price of substitutes establishes a "target price"
D. the price of competitors and substitutes does not enter into the pricing considerations.
Answer» B. competitors' prices establishes a "target price" goal


Discussion

No Comment Found