Motorola introduced a new personal communicator priced at a significant premium over competing models. Initially, Motorola will concentrate on the business user but the firm plans to reduce the price later and capture a share of the consumer market. This policy of beginning with a high price and then moving to a lower price is referred to as:
A) product differentiation.
B) market segmentation.
C) price administration.
D) time segmentation.
E) life cycle pricing.
Correct Answer:
Verified
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Q28: The policy of using a skimming pricing
Q29: Cost-justification guidelines are useful not only when
Q31: If the business marketer's product input assumes
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Q33: Those costs, fixed or variable, that can
Q34: Successful pricing strategies are:
A)value based.
B)proactive.
C)profit-driven.
D)all of the
Q35: The business marketer will find that total
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