Brandon's pet shop had a successful history until the national chains moved into town. Traditionally, he analyzed all products in his store when pricing, for maximum profits. Given his new situation, what would you suggest Brandon do when he prices merchandise, so that he can continue with a successful business?
A) He should use the demand-oriented method of pricing
B) He should use the keystone method of pricing
C) He should use the cost-oriented method of pricing
D) He should consider using the competition- oriented method of pricing
E) He should continue with his present method of pricing
Correct Answer:
Verified
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