This approach is fairly standard for high-technology offerings or for those offerings that require substantial research and development cost input initially.
A) Market penetration pricing.
B) Customer-centric pricing.
C) Price-skimming
D) None of the options given above is correct.
Correct Answer:
Verified
Q2: _ is an assumption that quality increases
Q3: This is the price band against which
Q4: These act as cues, usually indicating to
Q5: Sunday newspapers (in Britain, France, Thailand, Sweden)
Q6: There are four types of pricing approaches.
Q7: This occurs in very large organizations where
Q8: Fixed costs are costs that vary according
Q9: The general idea that price indicates quality
Q10: Value is defined as 'the regard that
Q11: A cost-oriented approach is where prices are
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