When a company sets a high price for a new product with the intention of reducing the price in the future, it is using the ________ pricing strategy

A) market-skimming
B) cost-plus
C) market-segmentation
D) market-penetration
E) competitive

A

Business

You might also like to view...

When the soda machine is not dispensing product, its CPU participates in the SETI project. It takes one second to examine an interstellar signal for signs of intelligence. Over the course of an entire 24 hour period,

The soda machine outside the lecture hall sees a steady stream of customers throughout the day. While the machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed, the student customers introduce variation into the delivery process by pondering their selection for a while. Thus, we can safely say that the service time is governed by a negative exponential probability distribution that averages 10 seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 240 per hour, Poisson distributed of course. how many signals can the soda machine examine? A) 57,600 B) 43,200 C) 28,800 D) 14,400

Business

When the performance management system uses different sources for ratings, what expectations and actions should be included in the process?

What will be an ideal response?

Business