Which of the following pricing strategies has stimulation of sales as a higher priority than maximization of profits?
A) Price fixing
B) Penetration pricing
C) Price skimming
D) Price pointing
E) Price lining
Answer: B
Explanation: B) This is a strategy often used to introduce a product in a market where the marketer already has competitors or expects to have competition soon.
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A) sarcastically B) positively C) nonverbally D) negatively
Which example below shows one's preference to time management according to their culture?
A) A worker prefers to manage his or her time doing one task at a time. B) A worker prefers to complete one task at a time and will probably focus on you when you step into their office for a quick response to your question rather than multitask while he or she answers your question. C) Both A and B D) None of the above