Christine owns a bakery where she sells donuts. Two blocks down there is another bakery that sells donuts for $1 less than Christine. Christine decides to lower her price and match the other bakery. What type of pricing orientation is Christine implementing

Respuesta :

The type of pricing orientation the christine is implementing is called the

Competitive pricing

What is Competitive pricing?

Simply put, it is a method or a strategy businesses who produce similar products deploy to gain competive advantage over thier competitors.

In summary, competive pricing is a healthy market strategy.

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