Pricing approaches that consider the production and marketing costs and then add enough to cover direct expenses, overhead, and profit are known as Blank______ approaches.

Question

Pricing approaches that consider the production and marketing costs and then add enough to cover direct expenses, overhead, and profit are known as Blank______ approaches.
Multiple choice question.

demand-oriented

margin-oriented

profit-oriented

cost-oriented

GPT-4o mini · Answer

The correct answer is **cost-oriented** approaches.