Companies that perform in competitive markets using pricing approach are known as

 

Companies that perform in competitive markets using pricing approach are known as

a. independent revenue approach
b. market based approach
c. dependent revenue approach
d. cost based approach

To answer this question, you must understand each answer choice in the multiple-choice above. So you will find the right answer.

A. independent revenue approach

It is Wrong Because independent revenue approach does not include the correct answer.

B. market based approach

it is True, because market based approach is the best and correct answer to the above question. so, choose this answer.

C. dependent revenue approach

Wrong. Because dependent revenue approach is a bad choice for an answer.

D. cost based approach

This is also wrong, cost based approach Not completely the correct answer.

The Answer From Companies that perform in competitive markets using pricing approach are known as

So the correct answer is B i.e. market based approach. Hopefully, it can help work on your problem and can add to your insight as well.