What is setting a low price to attract many customers and deter competition called?
A) target costing
B) price skimming
C) penetration pricing
D) bundling
E) psychological pricing
Answer: C
Explanation: C) Penetration pricing is setting a low price to attract many customers and deter competition.
Business
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Which of the following often forces the MNC to act in accordance with ethnocentric value systems?
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