Which product pricing factor is primarily used by the majority of Japanese,Irish,and English companies?
A)Market-based
B)Cost-based
C)Quality-based
D)Quantity-based

Question

Quizplus · Accepted Answer

Market-based pricing is primarily used by companies in Japan, Ireland, and England, as it focuses on setting prices based primarily on the market and competitive conditions rather than solely on the cost of production or the quality of the products. This approach helps companies to stay competitive and adapt to market changes.

Which Product Pricing Factor Is Primarily Used by the Majority