What are two effective pricing tactics, which can be used during a recession, to hold or build market share?
a. value pricing and bundling
b. unbundling and price shading
c. flexible pricing and price shading
d. price lining and escalator pricing
Ans: a. value pricing and bundling
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Which of the following distinguishes the sensitivity reports of nonlinear programming models from the sensitivity reports of regular linear programming models?
a. The "reduced cost" in linear programming models is called the "Lagrange multiplier" in nonlinear programming models. b. The "shadow price" in linear programming models is called the "reduced gradient" in nonlinear programming models. c. The "reduced cost" in linear programming models is called the "reduced gradient" in nonlinear programming models. d. All of the above
Indirect network effects are network externalities that come from the direct interaction of users
Indicate whether the statement is true or false