If a company has as its objective to stimulate market growth and capture market share by deliberately offering products at low prices, it will most likely use a pricing strategy called:

Name: If a company has as its objective to stimulate market growth and capture market share by deliberately offering products at low prices, it will most likely use a pricing strategy called:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A penetration pricing policy is used to stimulate market and sales growth by deliberately offering products at low prices.

If a Company Has as Its Objective to Stimulate Market