Which approach reduces the need to go back and forth between prospective cost-plus prices,customer reactions and design modifications?

Question

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Target-pricing approach is a customer-focused approach that involves setting a price based on the customer's perception of the product's value, rather than on the cost of producing it. This approach reduces the need to go back and forth between prospective cost-plus prices, customer reactions, and design modifications as the price is set with customer value in mind, and design modifications can be made accordingly before the final price is determined. This approach allows for more accurate pricing and helps ensure customer satisfaction.

Which Approach Reduces the Need to Go Back and Forth