Christine owns a bakery where she sells donuts. Two blocks down there is another bakery that sells donuts for $1 less than Christine. Christine decides to lower her price and match the other bakery. What type of pricing orientation is Christine implementing?
A) internal pricing
B) profit-oriented pricing
C) competitor-oriented pricing
D) customer-oriented pricing
E) sales-oriented pricing
Correct Answer:
Verified
Q39: Lindsay believes that her customers prefer to
Q40: A _ strategy involves accurately measuring all
Q41: Matthew told the manager of his gas
Q42: Isabella knows that her customers always shop
Q43: The price elasticity of demand for a
Q45: Traditional demand curve economic theory is used
Q46: When firms set prices similar to those
Q47: Bryce would love to own a Lamborghini
Q48: Buying response to a teeth whitening product
Q49: When Amy decides how to price new
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents