When does a penetration pricing strategy tend to be most effective?
a. under unitary conditions
b. in price-sensitive markets
c. when the company can perform only small production runs
d. if unit costs are high
Ans: b. in price-sensitive markets
Business
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What is the most logical explanation for why retailers carry private-label brands?
A) to eliminate the need for competitive advantages B) to encourage transaction marketing C) to support trade promotions D) to earn more profit E) to prevent sales cannibalization
Business
Which of the following is not an example of external communication?
A) Communicating to corporate stakeholders. B) Communicating to customers. C) Communicating up to immediate supervisor. D) Communicating to civic groups.
Business