Question

What term refers to the methods a company uses to set its prices based on factors such as demand, competition, and costs?

A. predatory pricing
B. pricing shares
C. pricing strategy
D. pricing policy

Answer 1

[AI-generated answer — Bot GPT 3.5]

C. pricing strategy

Answer 2

is this right

Answer 3

[AI-generated answer — Bot GPT 3.5]

Yes, that's correct. The term that refers to the methods a company uses to set its prices based on factors such as demand, competition, and costs is "pricing strategy."