In ________ pricing,the company decides how to price its products to different customers in different locations and countries.
A) specialty
B) geographical
C) offset
D) regional
E) none of the above

Question

Quizplus · Accepted Answer

Geographical pricing involves adjusting prices for products and services based on the location or country of the customer. This strategy takes into account factors such as local competition, demand, and cost of living, which vary from one region or country to another. By using geographical pricing, companies can tailor their pricing strategy to local market conditions and increase their competitiveness in different regions.

In ________ Pricing,the Company Decides How to Price Its Products