The first generation Apple iPod was introduced in 2001 and sold for $500. The following year a mini version was introduced for $250. Apple initially used a ________ strategy to price their digital music innovation

A) market-skimming
B) target costing
C) deceptive
D) market-penetration
E) predatory

A

Business

You might also like to view...

Which of the following comes directly from external customers?

A) bill of materials B) independent demand C) dependent demand D) order quantity

Business

To be successful, a differentiation strategy must create the perception of value in the customer's eyes

Indicate whether the statement is true or false.

Business