Step-by-step explanation:
The most appropriate reply would be the Meeting increased competition in Europe with the recent recession leading to the weakening of the euro is going to be a challenge. Because of the increased competition in Europe and the recession the value of Euro is gone down because of which it will be very difficult to predict the pricing objective of work.
Rest of the options are incorrect as prestige pricing will not be suitable here, probability can be accurately judged by primary and secondary research and also last option is not very relevant to the subject.